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Consider the following simplified financial statements for the Wesney Corporation ( assuming no income taxes ) : Income Statement Balance Sheet Sales $ 4 6

Consider the following simplified financial statements for the Wesney Corporation (assuming no income taxes):
Income Statement Balance Sheet
Sales $ 46,900 Assets $ 22,700 Debt $ 6,700
Costs 41,140 Equity 16,000
Net income $ 5,760 Total $ 22,700 Total $ 22,700
The company has predicted a sales increase of 18 percent. Assume the company pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not.
Prepare the pro forma statements. (Input all amounts as positive values. Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.)

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