Complete the pro forma statement of financial position below. Assets $ Current assets Cash Accounts receivable Inventory Total $ HOPINGTON TOURS INC. Pro Forma Statement of Financial Position 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 liabilities and owners' equity $ $ Fixed assets Net plant and equipment $ $ $ Total assets $ Calculate the EFN for 20% growth rates. 20% $ EFN Help Save & Exit Submit Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit $ sign in your response.) HOPINGTON TOURS INC. Pro Forma Statement of Comprehensive Income 2e % Sales Growth Sales $ Costs Other expenses EBIT $ Interest Taxable income $ Taxes (30%) Net income $ Dividends $ Add. to RE Complete the pro forma statement of financial position below. HOPINGTON TOURS INC. Pro Forma Statement of Financial Position Liabilities and Owners' Equity Assets Drau Save & Exit Sul Assets Current assets Cash Accounts receivable Inventory Total HOPINGTON TOURS INC. Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 26,600 Accounts payable 42,000 Notes payable 88,200 Total $156,800 Long-term debt Owners' equity Common stock and paid-in surplus $280,000 Retained earnings Total $436,800 Total liabilities and owners' equity $ 69,300 18,300 $ 87,600 $139,000 Fixed assets Net plant and equipment Total assets $125,000 85,200 $210,200 $436,800 Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit $ sign in your response.) HOPINGTON TOURS INC. Pro Forma Statement of Comprehensive Income 20 % Sales Growth Sales $ Costs Other expenses The most recent financial statements for Hopington Tours Inc follow. Sales for 2018 are projected to grow by 20%. Interest expense will remain constant, the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. The firm is operating at full capacity and no new debt or equity is issued HOPINGTON TOURS INC 2017 Statement of Comprehensive Income Sales $756,000 Costs 591,600 Other expenses 12,080 Earnings before interest and taxes $153,000 Interest paid 14, eee Taxable income $139,000 Taxes (35) 41.700 Met income $ 97,380 Dividends $33,36e Addition to retained carnings 63,948 Current assets Cash Accounts receivable Inventory HOPINGTON TOURS INC Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 26,60e Accounts payable 42.ee Notes payable 85,200 Total $ 69,300 18,300 $ 87,50e