Information from the financial statements of the Heir Jordan Corporation are shown below. Prepare the pro forma financial statements and calculate EFN, assuming a 15 percent increase in sales, no new external debt or equity financing, and a constant payout ratio. $ Sales 46,000 37,600 Costs Cash 2,950 4,100 Accounts receivable Inventory Net plant and equipment Accounts payable Notes payable Long-term debt 6,400 41,300 2,400 5,400 28,000 Common stock 15,000 Retained earnings 3,950 Dividends 2,880 Net income 6,552 EA A A A A A EA EA A Increase in sales 15% Tax rate 21% Complete the following analysis. Do not hard code values in your calculations. Payout ratio Pro forma income statement Sales Costs Taxable income Taxes Net income Dividends Addition to retained earnings Balance Sheet Assets Liabilities and Owners' equity Current assets Current liabilities Cash Accounts payable Notes payable Accounts receivable Inventory Total Total Long-term debt Owners' equity Fixed assets Net plant and equipment Common stock Retained earnings Total Total liabilities and owners' equity Total assets External financing needed