Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $46,800 Costs 36,200 $ 10,600 Taxable income Taxes (35%) 3,710 Net income $ 6,890 Dividends $2,519 Addition to retained 4 371 earnings The balance sheet for the Heir Jordan Corporation follows. HEIR JORDAN CORPORATION Balance Sheet Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 2,750 Accounts payable $ 2,400 Accounts 3,400 Notes payable 5,500 receivable Inventory 9,000 Total $ 7,900 Total $ 15,150 Long-term debt $24,000 Fixed assets Net plant and equipment Owners' equity Common stock and paid $20.000 in surplus Retained earnings 2,050 $38,800 Total $22,050 Total assets $53,950 Total liabilities and owners' equity $53,950 Prepare a pro forma balance sheet, assuming an increase in sales of 12 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 Inventory Total X Answer is not complete. HEIR JORDAN CORPORATION Pro Forma Balance Sheet Liabilities and Owners' Equity Current liabilities 2,750.00Xl Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Fixed assets Net plant and equipment Retained earnings Total Total liabilities and owners' equity Total assets 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.) EFNI