assumptions $($projections$)$:

Current assets are equal to $20\mathrm{.}1$ percent of sales, and fixed assets remain at their current level of $$0\mathrm{.}9$ million.

Common equity is currently $$0\mathrm{.}73$ million, and the firm pays out half of its after$-$tax earnings in dividends.

The firm has short$-$term payables and trade credit that normally equal $11\mathrm{.}2$ percent of sales, and it has no long$-$term debt outstanding.

What are Beason's financing needs for the coming year?

Beason's expected net income for next year is $$313200.($Round to the nearest dollar.$)$

Beason's expected common equity balance for next year is $$886600.($Round to the nearest dollar.$)$

Estimate Beason's financing needs by completing the pro forma balance sheet below: $($Round to the nearest dollar.$)$

Beason's total financing requirements for the coming year are $$.($Round to the nearest dollar.$)$