Use the Following Information to Answer the Question

Multiple Choice

Use the following information to answer the question:
Sales for 2000 are projected to be $25,000; The firm currently uses straight line depreciation; No new equipment purchases are planned for 2000; There will be a 100% earnings distribution for 2000. The current assets, accounts payable, and accrued expenses vary at a constant percent of sales as do COGS and selling expenses. Assume that notes payable is paid off in 2000.
-Forecasted total assets for the end of 2000 are:

A) $ 96,000
B) $ 97,500
C) $ 85,000
D) $106,250