Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Sales Cost Taxable income Taxes (23%) Net income Dividends Income Statement $ 46,500 36,100 $ 10,400 2,392 $ 8,008 $ 2,516 5,492 Addition to retained earnings The balance sheet for the Heir Jordan Corporation follows. HEIR JORDAN CORPORATION Balance Sheet Liabilities and Owners' Equity Current liabilities Assets Current assets Cash $ 2,600 Accounts payable Accounts receivable 3,700 Notes payable Inventory 9,000 Total $2,400 5,200 $ 7,600 Total $ 15,300 Long-term debt 24,000 Owners' equity Fixed assets Common stock and paid-in $17,000 surplus Net plant and equipment 38,200 Retained earnings 4,900 Total $ 21,900 Total assets 53,500 Total liabilities and owners' equity 53,500 Prepare a pro forma balance sheet, assuming an increase in sales of 9 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.) Assets Current assets Cash Accounts receivable Total current assets Inventory HEIR JORDAN CORPORATION Pro Forma Balance Sheet Current liabilities Accounts payable Notes payable Liabilities and Owners' Equity Total current liabilities Long-term debt Owners' equity Fixed assets Net plant and equipment Total assets Common stock and paid-in surplus Retained earnings Total owner's equity $ 58,355.00 Total liabilities and owners' equity Calculate the EFN. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g.. 32.16.) EFN