Income Statement		Balance Sheet
Sales	$25,000	Assets	$9,100	Debt	$6,000
Costs	13,600			Equity	3,100
Net income	$11,400	Total	$9,100	Total	$9,100

The company has predicted a sales increase of 8 percent. It has predicted that every item on the balance sheet, including debt, but excluding equity, will increase by 8 percent as well.

Create the pro forma statements and reconcile them. What is the plug variable here (calculate dividend paid)? [Remember, that the balance sheet must balance, so use equity value that achieves it]