Amounts are in thousands of dollars (except number of shares and price per share): Kiwi Fruit Company Balance Sheet

Cash and equivalents $ 570

Operating assets 650

Property, plant, and equipment 2,700

Other assets 110

Total assets $ 4,030

Current liabilities $ 920

Long-term debt 1,280

Other liabilities 120

Total liabilities $ 2,320

Paid in capital $ 340

Retained earnings 1,370

Total equity $ 1,710

Total liabilities and equity $ 4,030

Kiwi Fruit Company Income Statement

Net sales $ 7,800

Cost of goods sold (5,900 )

Gross profit $ 1,900

Operating expense (990 )

Operating income $ 910

Other income 105

Net interest expense (200 )

Pretax income $ 815

Income tax (285 )

Net income $ 530

Earnings per share $ 2.00

Shares outstanding 265,000

Recent price $ 34.50

Kiwi Fruit Company Cash Flow Statement

Net income $ 530

Depreciation and amortization 175

Changes in operating assets (90 )

Changes in current liabilities (120 )

Operating cash flow $ 495

Net additions to properties $ 180

Changes in other assets (80 )

Investing cash flow $ 100

Issuance/redemption of long-term debt $ (190 )

Dividends paid (220 )

Financing cash flow $ (410 )

Net cash increase $ 185

Prepare a pro forma income statement, balance sheet, and cash flow statement for Kiwi Fruit assuming a 10 percent increase in sales. (Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign. Input all amounts as thousands of dollars. Round earnings per share to 2 decimal places. Omit the "$" sign in your response.)

Kiwi Fruit Company Pro Forma Income Statement

Net sales

Cost of goods sold -6490

Gross profit $ 2090

Operating expense -990

Operating income $ 1100

Other income 105

Net interest expense -200

Pretax income $ 1005

Income tax 351

Net income $ 654

Earnings per share $ 2.46

Shares outstanding 265000

Kiwi Fruit Company Pro Forma Cash Flow Statement

Net income $

Depreciation and amortization

Changes in operating assets

Changes in current liabilities

Operating cash flow $

Net additions to property $

Changes in other assets

Investing cash flow $

Issuance/redemption of long-term debt $

Dividends paid Financing cash flow $

Net cash increase $

Kiwi Fruit Company Pro Forma Balance Sheet

Cash and equivalents $

Operating assets

Property, plant, and equipment

Other assets

Total assets $

Current liabilities $

Long-term debt

Other liabilities

Total liabilities $

Paid in capital $

Retained earnings

Total equity $

Total liabilities and equity $