Lap Dogs Inc. is planning for next year and has the summarized results given below. The firm pays interest of 11% on all borrowing and is subject to an overall tax rate of 38%. It paid interest of $20,000 this year and plans a $80,000 dividend next year. Complete Lap Dog's forecast of next year's financial statements. Enter your answers in thousands. For example, an answer of $12 thousands should be entered as 12, not 12,000. Enter all amounts as a positive numbers. Income Statement ($000). EBIT $217 Interest EBT $ Income Tax Net Income $ Balance Sheet($000). This Year Next Year Assets $652 $ 706 Current Liabilities 70 90 Debt 295 Equity 287 Total Liab & Equity $652 $706