A company will increase its plant, property, and equipment by $6,000,000 with a plant expansion. The inventories will grow b 80%, accounts receivable will grow by 70% and the company will reducd marketable securities by 60% to help finance the expansion. Assumaing all othe asset accounts remain the same and the company will us long-term debt to finance the remaining expansion costs, prepare a pro forma balance sheet for 2011.

2010 Assets
Cash 1,447,000
Marketble securiities $1,129,000
Accounts receivable $3769,000
Inventories $2,601,000

Total current assets 8,946,000