Given the following information and that contained in Problems 5 and 6, construct a fore- cast balance sheet as of June 30, 20X2, for the Central City Department Store.(Assume that accounts payable stay the same as at December 31, 20X1.) Central City Department Store balance sheet at December 31, 20X1 ASSETS Cash Accounts receivable Inventory Fixed assets, net $100,000 427,500 200,000 250,000 $977,500 LIABILITIES AND EQUITY Accounts payable $130,000 Bonds 500,000 Common stock and retained earnings 347,500 $977,500 Given the following information and that contained in Problems 5 and 6, construct a fore- cast balance sheet as of June 30, 20X2, for the Central City Department Store.(Assume that accounts payable stay the same as at December 31, 20X1.) Central City Department Store balance sheet at December 31, 20X1 ASSETS Cash Accounts receivable Inventory Fixed assets, net $100,000 427,500 200,000 250,000 $977,500 LIABILITIES AND EQUITY Accounts payable $130,000 Bonds 500,000 Common stock and retained earnings 347,500 $977,500