10 points The most recent financial statements for Crosby, Incorporated, appear below. Interest expense will remain constant; the tax rate and the dividend payout rate also will remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales. Assume the firm is operating at full capacity and the debt-equity ratio is held constant. CROSBY, INCORPORATED 2021 Income Statement Sales Costs $768,000 624,000 Other expenses 31,500 Earnings before interest and taxes $112,500 Interest expense 16,000 Taxable income Taxes (25%) $96,500 24,125 Net income $72.375 Dividends $ 34,340 Addition to retained earnings 38,235 CROSBY, INCORPORATED Balance Sheet as of December 31, 2021 Assets Liabilities and Owners' Equity Current assets Cash Accounts receivable Current labies $25,740 35,210 Accounts payable Notes payable $ 63,400 19,100 Inventory 71,870 Total $ 82,500 Total $132,820 Long-term debt $ 116,000 Owners' equity Fixed assets Net plant and equipment $225,000 Common stock and paid-in surplus Retained earnings $111,000 48,320 Total $159,320 Total assets $357,820 Total liabilities and owners' equity $357,820 oints Complete the pro forma income statements below. (Do not round intermediate. calculations and round your answers to the nearest whole number, e.g., 32.) Answer is not complete. Pro Forma Income Statement Sales Costs Other expenses EBIT Interest expense Taxable income Taxes (25%) Net income Dividends Add to RE 10% Sales Growth 15% Sales Growth 40% Sales Growth $ 768,000 $ 960,000 $ 960,000 624,000 31,500 748,800 37,800 780,000 39,375 Calculate the EFN for 10, 15 and 40 percent growth rates. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) EFN 10% 15% 40%