please find the correct multiple choice answer.

! Required information [The following information applies to the questions displayed below.] Financial Statements for Royal Corporation Actual 2016 and Pro Forma 2017 ($ millions) Income Statement Balance Sheet Net sales Cost of goods sold Other expenses Depreciation expense EBIT Interest expense Earnings before tax Tax Net income 2016 $ 47,616 40, 718 5,171 1,000 727 215 512 154 $ 359 2017 $ 1,046 6,233 4,660 2017 $ 52,378 44,790 5,688 1,100 800 215 585 176 $ 409 Cash & securities Accounts receivable Inventories Net fixed assets Total assets 2016 $ 951 5,666 4,236 4,048 14,901 $ 431 8,161 Bank loan (short-term) Accounts payable Long-term debt Total liabilities Shareholders' equity Total liabilities & equity $ 392 7,419 2,148 9,959 4,942 $ 14,901 102 Dividends paid Add. to retained earnings 90 269 $ Please refer to the pro forma financial statements for Royal Corporation above. Assume that net fixed assets are projected to be $5,000 for 2017 and that shareholders' equity is projected to be $5,500 for 2017. If long-term debt is the plug figure, what should be the projection for long-term debt for Royal Corporation in 2017? Multiple Choice $2,206 $2,363 $2,455 $2,847