eBook H Problem Walk-Through Projected Spontaneous Liabilities Smiley Corporation's current sales and partial balance sheet are shown below. Sales Balance Sheet: Liabilities Accounts payable Notes payable Accruals This year $10,000 $ 1,500 $ 2,000 $ 1,000 Total current liabilities $ 4,500 Long-term bonds $ 2,000 Total liabilities $ 6,500 Common stock $ 1,500 Retained earnings Total common equity Total liabilities & equity $ 2,500 $ 4,000 $10,500 Sales are expected to grow by 8% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar.