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Blossom Corporation's financial statements for the fiscal year just ended are shown below Blossom Corporation Financial Statements for Fiscal Year Just Ended (5 thousands) Income

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Blossom Corporation's financial statements for the fiscal year just ended are shown below Blossom Corporation Financial Statements for Fiscal Year Just Ended (5 thousands) Income Statement Balance Sheet Net sales $1,200 Assets $600,000 Debt $500 Costs 250 Equity $100 Net income $950 Total $600,000 Total $600,000 Blossom management expects sales to increase by 10 percent next year. Assume that the financial statement accounts vary directly with changes in sales and that management has no financing plan at this time. If you assume that all balance sheet items also vary with the change in sales, develop a proforma balance sheet for Blossom for the next fiscal year. (Enter amounts in thousands:) Blossom Corporation Pro Forma Balance Sheet (Sthousands) $ $ . $ Assuming that the hom did not sell or repurchase stock, what is the cash dividend implied by the proforma income statement and balance sheet? (Enter amount in thousands.) Cash dividend $

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