ABC Corporation published the following information in its financial statements for its 2020 annual report:

 Additional Information

1. Sales in 2021 are estimated to be $104,000.

2. Cost of goods sold are considered to be variable costs.

3. $5,000 of the cash operating expenses for 2020 are considered variable costs, and the remainder are fixed costs.

4. Depreciation is, of course, considered to be a fixed cost.

5. Cash, accounts receivable, inventories, accounts payable, and accrued payables are considered to be spontaneous items.

6. Short-term investments, net fixed assets, bonds payable, and common stock are discretionary.

7. $5,000 of bonds payable at the end of 2020 are considered "current liabilities," and will be repaid on January 1, 2021. The interest rate on the bonds for 2021 will remain the same as it was in 2020.

8. The company will purchase fixed assets of $3,600 in 2021, but overall depreciation for 2021 will remain the same dollar amount as it was for 2020.

9. The firm paid a dividend of $4,000 in 2020, and will maintain its 2020 dividend payout ratio for 2021.

10. The income tax rate for 2021 is expected to be the same as it was in 2020.

 Required:

 A. Prepare the 2021 pro-forma income statement for ABC Corporation.

 B.  Prepare the 2021 pro-forma balance sheet for ABC Corporation.