Bien Company has the following financial statements for 2018:

Income statement balance sheet

Sales $ 36,000 Assets $ 28,300 Debt $ 7000

Costs 27,500 Equity 21,300

Net income $ 8,500 Total $ 28,300 Total $28,300

The company has no dividend currently. It expects 10% sales, costs and income increase in 2019. It also predicts assets increase by 10% as well.

In 2019, Bien decides to pay out 40% of income as dividend. Cost, income and assets will increase by 10% as sales, and debt stays constant.

What's the EFN?