Using the financial information for Gerrard Corp. below create the pro forma financial statements and reconcile them assuming no income taxes.

Using the financial information for Gerrard Corp. below create the pro forma financial statements and reconcile them assuming no income taxes. Income Statement Sales $26,000 Assets Costs 14,400 Net income $11,600 Total Balance Sheet $9,800 Debt Equity $9,800 Total $4,700 5,100 $9,800 The company has predicted a sales increase of 10 percent. It has predicted that every item on the balance sheet will increase by 10 percent as well. Compute the plug variable here?for Gerrard Corp. Multiple Choice $12,225 $12.235 $12,230 $12,250 $21,180