Return IVMICHIIT Consider the following simplified financial statements for the Wesney Corporation (assuming no income taxes): Income Statement Balance Sheet oints Sales $ Assets $ 46,900 22,700 Debt $ 6,700 Costs 41,140 Equity 16,000 Net income $ 5,760 Total $ $ 22,700 Total 22,700 The company has predicted a sales increase of 18 percent. Assume the company pays out half of net income in the form of a cash dividend. Costs and assets vary with sales, but debt and equity do not. Prepare the pro forma statements. (Input all amounts as positive values. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) x Answer is complete but not entirely correct. Pro forma income statement Pro forma balance sheet Sales $ 55,342 Assets 26,786 Debt 7,387 X Costs 48,545 Equity 19,399 Net income $ 6,797 Total Assets 26,786 @ Total Debt and Equity $ 26,786 x