Consider the following income statement for the Heir Jordan Corporation:

A $20$ percent growth rate in sales is projected.

Prepare a pro forma income statement assuming costs vary with sales and the dividend

payout ratio is constant. $($Input all answers as positive values. Do not round

intermediate calculations and round your answers to the nearest whole number, e$.$g$.,$

$32.)$

What is the projected addition to retained earnings? $($Do not round intermediate

calculations and round your answer to the nearest whole number, e$.$g$.,32.)$