We really need to get this new material$-$handling equipment in operation just after the new year begins. I hope we can finance it largely with cash and marketable securities$,$ but if necessary we can get a short$-$ term loan down at MetroBank. This statement by Beth Davies$-$Lowry, president of Global Electronics Company, concluded a meeting she had called with the firms top management. Global is a small, rapidly growing wholesaler of consumer electronic products. The firms main product lines are small kitchen appliances and power tools. Marcia Wilcox, Global Electronics general manager of marketing, has recently completed a sales forecast. She believes the companys sales during the first quarter of $20$x$1$ will increase by $10$ percent each month over the previous months sales. Then Wilcox expects sales to remain constant for several months. Globals projected balance sheet as of December $31,20$x$0$ is as follows: