$\quad$ $\quad$ $\quad$ $\quad$ Oscar's Incredible Eatery (\$ Thousands)

$\quad$ $\quad$ $\quad$ $\quad$ Oscar's Incredible Eatery (\$ thousands)
$\quad$ $\quad$ Income Statement for the year ending Dec. 31, 2014
$\begin{array}{lr}\hline \text { Net sales } & 17,300 \\\text { Cost of goods sold } & 10,600 \\\text { Depreciation } & \underline{3,250 }\\\text { Earnings before interest and taxes } & 3,450 \\\text { Interest expense } &\underline{ 680 }\\\text { Earnings before tax } & 2,770 \\\text { Tax } &\underline{ 940} \\\text { Earnings after tax } & 1,830 \\\text { Dividends } & 450\end{array}$

$\quad$ $\quad$ $\quad$ $\quad$$\text { Balance Sheet as of Dec. } 31,2014$
$\begin{array}{lrlr}\text { Cash } & 350 & \text { Accounts payable } & 1,920 \\\text { Accounts receivable } & 940 & \text { Long-term debt } & 3,500 \\\text { Inventory } &\underline{ 2,360 }& \text { Common stock } & 7,500 \\ \text { Total current assets } & 3,650 & \text { Retained earnings } & 1,580 \\\text { Net fixed assets } & 10,850 &&---\\\text {Total assets}&14.500&\text {Total liab. \& equity}&14,500 \\\hline\end{array}$

-Please refer to Oscar's financial statements above.All of Oscar's costs and current asset accounts vary directly with sales.Sales are projected to increase by 10 percent.What is the pro forma accounts receivable balance for next year?

A) $949
B) $1,034
C) $1,113
D) $1,730
E) $2,670