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Oscar's Incredible Eatery $($$ thousands$)$

Income Statement for the year ending December $31,2021$

Net sales $17,300$

Cost $of$ goods sold $10,600$

Depreciation $3,250$

Earnings before interest and taxes $3,450$

Interest expense $680$

Earnings before tax $2,770$

Tax $940$

Earnings after tax $1,830$

Dividends $450$

Oscar's Incredible Eatery $($$ thousands$)$

Balance Sheet $asof$ December $31,2021$

Cash $350$ Accounts payable $1,920$

Accounts receivable $940$ Long$-$term debt $3,500$

Inventory $2,360$ Common stock $7,500$

Total current assets $3,650$ Retained earnings $1,580$

Net fixed assets $10,850$

Total assets $14,500$ Total liability & equity $14,500$

Please refer $to$ Oscar$s$ financial statements above. All $of$ Oscar$s$ costs and current asset accounts vary directly with sales. Sales are projected $to$ increase $by10\%$ next year. What $is$ the pro forma accounts receivable balance for next year?

Multiple Choice

$$949$

$$1,034$

$$1,113$

$$1,730$

$$2,670$

None $of$ the options are correct.