Tаble 3.4 A finаnciаl manager at General Talc Mines has gathered the financial data essential tо prepare a prо fоrma balance sheet for cash and profit planning purposes for the coming year ended December 31, 2026. Using the percent-of-sales method and the following financial data, prepare the pro forma balance sheet in order to answer the following multiple choice question. (a) The firm estimates sales of $1,000,000. (b) The firm maintains a cash balance of $25,000. (c) Accounts receivable represents 15 percent of sales. (d) Inventory represents 35 percent of sales. (e) A new piece of mining equipment costing $150,000 will be purchased in 2026. Total depreciation for 2026 will be $75,000. (f) Accounts payable represents 10 percent of sales. (g) There will be no change in notes payable, accruals, and common stock. (h) The firm plans to retire a long term note of $100,000. (i) Dividends of $45,000 will be paid in 2026. (j) The firm predicts a 4 percent net profit margin.Balance Sheet General Talc Mines December 31, 2025 The pro forma total current assets amount is