Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Balance Sheet Sales $46,500 Assets $20,500 Costs 38,780 Debt Equity $ 6,500 14,000 Net income $ 7,720 Total $20,500 Total $20,500 The company has predicted a sales increase of 14 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 dollar amount.) Pro forma income statement Sales Costs 53,010 Assets 44.209 Pro forma balance sheet 23,370 Debt 6,500 Equity 18,401