Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales Costs $ 53,000 40,900 Taxable income $ 12,100 Taxes (22%) 2,662 Net income $9,438 Dividends $ 3,500 5,938 Addition to retained earnings The balance sheet for the Heir Jordan Corporation follows. HEIR JORDAN CORPORATION Balance Sheet Assets Current assets Cash $ 3,140 Accounts receivable 4,200 Inventory 6,500 Total $ 13,840 Fixed assets Net plant and equipment $ 43,200 Total assets $ 57,040 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable $ 2,600 5,700 Total $ 8,300 Long-term debt $ 28,000 Owners' equity Common stock and paid-in $5,000 surplus Retained earnings 15,740 Total $ 20,740 Total liabilities and owners' equity $57,040 Prepare a pro forma balance sheet, assuming a sales increase of 15 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.) HEIR JORDAN CORPORATION Pro Forma Balance Sheet Assets Current assets Current liabilities Cash Accounts receivable Inventory Total current liabilities Total current assets Long-term debt Owners' equity Common stock and paid-in surplus Net plant and equipment Retained earnings Total owner's equity Total assets Total liabilities and owners' equity Calculate the EFN. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) EFN Fixed assets Accounts payable Notes payable Liabilities and Owners' Equity