(02 marks) The most recent financial statements for Moose Tours, Inc., follow. Sales for 2018 are projected to grow by 12 percent. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. $ $ Sales Costs Other expenses EBIT Interest expense Taxable income Taxes Net income 2018 Pro forma 929.000 723,000 19.000 187.000 14,000 173,000 60.550 112.450 $ Is Dividends Add to retained earnings 33.7351 78,7151 Sales increase Operating capacity Tax rate 12% 100% 35% Assets Proforma Proforma Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment S 25.300 40,700 86.900 S 152.900 Liabilities and owners' equilly Current abilities Accounts payable S 68.000 Noles payable 17,000 Total $ 85.000 Long-term debt $ 158,000 $ 413.000 Owners' equity Common stock and pald-in surplus Retained earnings $ 140,000 182.900 $ 322.900 Total Total abilities and Jowners' equity Total assets S 565.000 $ 565 9001 1. Calculate EFN with 12% increase in sales and select the plug variable