Consider the following income statement for the Heir Jordan Corporation:

HEIR JORDAN CORPORATION Income Statement
Sales					$	42,900
Costs						33,900
Taxable income					$	9,000
Taxes (21%)						1,890
Net income					$	7,110
Dividends	$	2,509
Addition to retained earnings		4,601

The balance sheet for the Heir Jordan Corporation follows.

HEIR JORDAN CORPORATION Balance Sheet
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash	$	2,250		Accounts payable	$	4,000
Accounts receivable		5,100		Notes payable		8,000
Inventory		8,000		Total	$	12,000
Total	$	15,350		Long-term debt	$	22,000
				Owners equity
Fixed assets				Common stock and paid-in surplus	$	10,000
Net plant and equipment	$	36,800		Retained earnings		8,150
				Total	$	18,150
Total assets	$	52,150		Total liabilities and owners equity	$	52,150

Prepare a pro forma balance sheet, assuming an increase in sales of 14 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.)