PLEASE FIND SOLUTION THERE IS NOT ANY MISSED DATA OR ANYTHING ELSE!

Please use the following projections for Top-A1 Inc.:

Total sales of $146,000

Cost of goods sold equal to 75.8 percent of sales

Total expenses equal to 13.4 percent of sales

Tax rate of 35 percent

Beginning equity of $50,700

Beginning inventory of $13,000

Age of ending inventory of 58 days

Minimum cash balance of $9,700

Accounts receivable of 30 days

Fixed assets of $64,900

Accounts payable of 36 days

Assume Top-A1 has a dividend payout of 39 percent.

When total sales are $146,000, age of payables is 36 days, and long-term debt is $ 35,866, what would be the impact on Top-A1's pro-forma long-term debt if sales were to change to $197,000 and the age of payables was to change to 48 days?

Complete the pro-forma income statement for Top-A1 below:(Round to the nearest dollar.)

Part 1.

Top-A1 Inc. Pro Forma Income Statement
Sales	$
Cost of goods sold	$
Gross profit	$
Total operating expenses	$
Earnings before tax (EBT)	$
Taxes	$
Net earnings	$

Part 2.

Top-A1 Inc. Pro Forma Balance Sheet
Assets: Cash	$
Accounts receivable	$
Inventory	$
Total assets	$
Liabilities: Accounts payable	$
Long-term debt	$
Total liabilities	$

Equity	$
Total liabilities and equity	$