CROSBY, INC. Balance Sheet as of December 31, 2017
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash	$	25,240		Accounts payable	$	61,400
Accounts receivable		34,660		Notes payable		17,600
Inventory		71,420		Total	$	79,000
Total	$	131,320		Long-term debt	$	111,000
				Owners equity
Fixed assets				Common stock and paid-in surplus	$	110,000
Net plant and equipment	$	220,000		Retained earnings		51,320
				Total	$	161,320
Total assets	$	351,320		Total liabilities and owners equity	$	351,320

What is the EFN if the firm wishes to keep its debt-equity ratio constant? (Do not round intermediate calculations and round your answer to the nearest whole dollar amount, e.g., 32.)