question is asking for the EFN amount

Student Portal Dashboard Course: BUS2115 Foundations of Business Finance Lesson 2 Project The most recent financial statements for Fleury Inc., follow. Sales for 2015 are projected to grow by 20 percent. Interest expense will remain constant the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, fixed assets and accounts payable increase spontaneously with sales. FLEURY, INC 2014 Income Statement Sales Costs Other expenses $756,000 591,000 12,000 Earnings before interest and taxes Interest paid $153,000 14,000 Taxable income Taxes (30%) $139,000 41,700 Net income 97,300 Dividends Addition to retained eamings $33,360 63,940 FLEURY, INC Balance Sheet as of December 31, 2014 Liabilities and Owners' Equity Assets Current liabilities Current assets S 55,700 21,540 Accounts payable 33,860 Notes payable Cash Accounts receivable 14,900 $ 70,600 $139,000 Common stock and paid-in surplus $125,000 70,820 Total nventory $126,220 Long-term debt Owners equity Total Fixed assets 71,620 $ 196,620 $406,220 Retained earnings $280,000 Net plant and equipment Total Total liabilities and owners' equity $406,220 Total assets What is the EFN if the firm wishes to keep its debl-equity ratio constant? (Do not round ntermediate