Consider the following income statement for the Heir Jordan Corporation:

HEIR JORDAN CORPORATION

Income Statement

Sales $ $53,000$

Costs $40,900$

Taxable income $ $12,100$

Taxes $(22\%)2,662$

Net income $ $9,438$

Dividends $ $3,500$

Addition to retained earnings $5,938$

A $20$ percent growth rate in sales is projected.

Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. $($Input all answers as positive values. Do not round intermediate calculations and round your answers to the nearest whole number, e$.$g$.,32.)$