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Consider the following income statement for the Heir Jordan Corporation: The projected sales growth rate is 18 percent. Prepare a pro forma income statement assuming

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Consider the following income statement for the Heir Jordan Corporation: The projected sales growth rate is 18 percent. Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

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