also calculate the efn

Assets Current assets Cash Accounts receivable HEIR JORDAN CORPORATION Balance Sheet Liabilities and Owners' Equity Current liabilities $ 2,100 Accounts payable $ 2,400 4,800Notes payable 4,600 Inventory 8,000 Total $ 7,000 Total $ 14,900 Long-term debt $22,000 Owners' equity Common stock and paid-in surplus Retained earnings Fixed assets Net plant and equipment $16.000 $36,200 6,100 Total $ 22,100 Total assets $ 51,100 Total liabilities and owners equity $ 51,100 Prepare a pro forma balance sheet, assuming an increase in sales of 10 percent, no new external debt or equity financing, and a constant payout ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Assets Current assets Cash Accounts receivable Inventory HEIR JORDAN CORPORATION Pro Forma Balance Sheet Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total abilities and owners' equly Total Fixed assets Net plant and equipment Total assets HEIR JORDAN CORPORATION Income Statement $42,600 32,100 Sales Costs Taxable income Taxes (24%) $ 10,500 2,520 Net income $ 7,980 Dividends Addition to retained earnings $2,506 5,474 The balance chant for th