Build a pro-forma model and figure out the Shareholder's Equity for next year for this company. Next year's Sales are expected to be 530 . Last year's ending shareholder equity is 225. Next year's Net Income is expected to be 87. Payout is 30%. Round the number to the nearest integer (whole number) COGS is estimated to be 65% of sales ShA is 3% of sales Depreciation is 2% of sales Interest rate is 10% Income tax is 20% Cash is 10% of sales Accounts receivable is 20% of sales Inventory is 50% of COGS Net PPE is projected to be 600 Accounts payable is 50% of COGS Interest bearing debt is 500