potnts) the following balance sheet and income statement should be used fo ons. Make Me Think, Inc. Income Statement 1.0% 2015 Net sales $7,500 Cost of goods sold Earnings before interest and taxes 6,615 885 Less: Interest paid Taxable Income 25 2.82% 860 Less: Taxes Net income 292.40 4g,46 S 567.60 Dividends Addition to retained earnings $255.42 $312.18 Make Me Think, Inc. Balance Sheet 2015 Pro Forma 2015 Pro Fo Accounts payable S1,750 rrent assets $4,000 Long-term debt 330 2,500 1.020 Common stock Retained earnings Total liab. & equity ed assets1.600 $5,600 al assets $5.600 Inc. is currently operating at maximum capacity. Assume that sales are projec osts, interest paid, assets, and current Inabilities vary directly with sales. T Prepare the pro forma income staten based on the above assumptions. How much additional debt is requir tax rate and the dividend payout ratio will remain constant. and balance sheet for 2016 on no new equity is raised