Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes) Income Statement Balance Sheet Sales $47,300 Assets $24,900 Debt $ 6,900 Equity 18,000 Costs 40,670 Net $6,630 Tota $24,900 Total $24,900 income The company has predicted a sales increase of 20 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.) Answer is complete but not entirely correct Pro forma income statement Sales Costs Net income Pro forma balance sheet 6,900 O 21,315 28,215 $56,70Ases29,880Debt 48,804 S7.956 Total Equity $29,880Total