Consider the following income statement for the Heir Jordan Corporation:

Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $46,500 Costs 36.100 Taxable income $ 10,400 Taxes (23N 2.392 Net income $ 8.008 Dividends $ 2,516 Addition to retained earnings 5,492 The balance sheet for the Heir Jordan Corporation follows. HEIR JORDAN CORPORATION Balance Sheet Assets Liabilities and Owners' Equity Current assets Current ilabilities Cash $ 2.600 Accounts payable $ 2.400 Accounts receivable 3.700 Notes payable 5.200 Inventory 9.000 Total $ 7.600 Total $ 15.300 Long-term debt $24.000 Owners' equity Fixed assets Common stock and pald-in $17.000 Surplus Net plant and $38.200 Retained earnings 4.900 equipment Total $21.900 Total assets $53,500 Total liabilities and owners $53,500 equity 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... 32.18.) Assets Current Answer is complete but not entirely correct. HER JORDAN CORPORATION Pro Forma Balance Sheet Labies and Owners' Equity Current liabilities 2.00400 Accounts payable 403300 Noties payable 9.8000 $ 16 677.00 Long-term dobt 3 Accounts receivable Inventory 261600 5.200.00 781600 2400000 S 5 5 Food assets Neandement Common stock and paid in surplus Redeg 17 000.00 5.988 28 22,986 28 46,986 28 5 5 $ 58 315.00 and we'lly 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=