The latest income statement, balance sheet and other related information for Whoozit Company is as follows: Net Sales Revenue = $1,000,000 COGS = $600,000 Operating Expenses = $200,000 Interest Expense = $20,000 Tax Expense = $54,000 Addition to Retained Earnings = $88,200 Current Assets = $700,000 Net Fixed Assets = $900,000 Current Liabilities = $200,000 Long Term Debt = $200,000 Common Stock = $300,000 Retained Earnings = $900,000 1. Given the existing information, the Sustainable Growth Rate is (please round to the nearest integer percentage such as 11) 7 % From now on, please assume that the company's sales will grow at 8% for the following year. Estimate the following regarding the proforma statements. 2. The proforma EBIT is $ 216000 3. The initial proforma Interest Expense estimation (beginning of first iteration) is $ 20000 4. Assuming the same tax rate, the proforma net income is $ 5. Assuming the same plowback ratio, the proforma addition to retained earnings is $ 6. Assuming 100% capacity usage, the proforma TOTAL assets are $ 7. The proforma current liabilities are $ 8. The proforma retained earnings are $ 9. The External Financing Need is $ 10. Assuming the EFN will be fulfilled by increasing the LTD, the proforma LTD (to balance the balance sheet) is $ 11. With the updated LTD you just calculated, assuming a 10% interest rate, the corrected interest expense (end of first iteration) is $ 12. If the current capacity usage is at 80%, then the proforma net fixed assets are $