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Consider the following simplified financial statements for the Fire Corporation (assuming no income taxes): Income Statement Sales $37,950 Costs $20,369 Balance Sheet Assets $52,800 Debt

Consider the following simplified financial statements for the Fire Corporation (assuming no income taxes): Income Statement Sales $37,950 Costs $20,369 Balance Sheet Assets $52,800 Debt $35,959 Equity ? The company has predicted a sales increase of 6 percent. It has predicted that every item on the balance sheet will increase by 6 percent as well. How much dividends should be paid to reconcile the pro forma balance sheet

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