Given the most recent financial statements for FY$2023.$ Sales for FY$2024$ are expected to grow by $10$ percent. The following assumption must be held in the pro forma financial statements. The tax rate $($percentage$),$ the interest expense $($ $ amount$),$ and the dividend payout ratio $($percentage$)$ will remain constant. COGS, SGA, Depreciation, all current asset accounts, Net PPE, intangibles, other assets, and accounts payable increase spontaneously with sales. Calculate the pro forma value for accumulated retained earnings for FY$24$ if the firm operates at full capacity and no new debt or equity is issued. $($Enter percentages as decimals and round to $4$ decimals$)$

MSFT

$($ $ in millions, shares in millions$)$

$\backslash$table$[[$Income Statement,FY$2023,$Balance Sheet,FY$2023],[$Sales$,211,915,$Cash,$34704],[$COGS$,65,863,$Short$-$term Investments,$76558],[$Gross Profit,$146,052,$Accounts Rec.,$48688],[$Research and Dev.,$27,195,$Inventories,$2500],[$SGA$,16653,$Other current Assets,$21807],[$Depreciation$,13681,$Total Current Assets,$184257],[$Operating Income, EBIT,$88,523,$Net PPE,$95641],[$Interest Expense,$1968,$Intangibles,$101477],[$Pretax income, EBT,$86,555,$Other assets,$30601],[$Taxes$,16950,$Total Assets,$411976],[$Net income,$69,605,,],[$Retained Earnings,$32,902,$Accounts Payable,$18095],[$Dividends$,36,703,$Current portion of LTD$,5247],[,$Other Current Liabilities,$80807],[,$Total Current Liabilities,$104149],[$Price per share,$330\mathrm{.}24,$Long$-$term debt,$101604],[$Shares outstanding,$7,430,$Total Liabilities,$205753],[,$Common stock,$93718],[,$Retained Earnings,$112,505],[,$Total Equity,$206223],[,$Total Liab. And Equity,$411976]]$