Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $ 42,000 Costs 33,000 Taxable income $ 9,000 Taxes (21%) 1,890 Net income $ 7,110 Dividends $ 2,500 Addition to retained earnings 4,610 The balance sheet for the Heir Jordan Corporation follows. HEIR JORDAN CORPORATION Balance Sheet Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 3,000 Accounts payable $ 2,400 Accounts receivable 4,200 Notes payable 4,000 Inventory 6,400 Total $ 6,400 Total $ 13,600 Long-term debt $ 28,000 Owners equity Fixed assets Common stock and paid-in surplus $ 10,000 Net plant and equipment $ 35,000 Retained earnings 4,200 Total $ 14,200 Total assets $ 48,600 Total liabilities and owners equity $ 48,600 Prepare a pro forma balance sheet. All assets, costs, and accounts payable are proportionate to sales; and assuming an increase in sales of 16 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.) 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.)