Presume the following Income Statement. Presume you have a 20% sales increase for the following year. ABC Corp. Sales 49,000 Costs 40,300 Taxable Income 8,700 Taxes (21%) 1.914 Net Income 6,786 Dividends 2,400 Addition to Retained Earnings ? Prepare the Proforma Income Statement assuming costs vary with sales and the dividend payout ratio is constant, What is the projected addition to retained earnings