Please answer 12 & 13.

Gradebook Email Live Doc Sharing Dropbox Journal Webliography, Tech Support Help 13. Seattle's Best's financial statement and Pro forma income statement are given below. Given the pro forma income statement, what would be Seat 'e's Best's shareholders' equity for Dec. 31, 20187 Assume a dividend payout ratio o 20% and no new issues of equity. Hint: Dividend Par ents-Net income x Payout Ratio.) Seattle's Best Corporation Balance Sheet ($ thousands) actual Dec. 31, 2017 Current assets Net fixed assets Total assets Dividend Income Statement ($ thounds) pro forma 2018 1,200 1,500 2,700 Current liabilities Long-term liabilities Shareholders equity Total liab. &equity 1,000 1,300 400 2,700 Operating exp Depredation exp. EBIT Interest exp. Taxes Net income 2,000 1,200 200 200 400 100 100 200 Points: 3.5) $400,000 O $200,000 O $480,000 $600,000 $560,000 14. Please refer to Seattle's Best's financial statements in Question 12. What would be Seattle's Best's projected Net flxed assets for Dec. 31, 2018. Assume capital expenditures of $800,000 for 2018, and no sale or disposall of assets. (Points: 3.5 $1,500,000 $2,300,000 $2,100,000 $800,000 $600,000 Detailed Explan... pptx Show all