The most recent financial statements for Crosby, Inc., follow. 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. CROSBY, INC. 2017 Income Statement Sales $ 759,000 Costs 615,000 Other expenses 27,000 Earnings before interest and taxes $ 117,000 Interest paid 12,400 Taxable income $ 104,600 Taxes (21%) 21,966 Net income $ 82,634 Dividends $ 29,040 Addition to retained earnings 53,594 CROSBY, INC. Balance Sheet as of December 31, 2017 Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 24,840 Accounts payable $ 59,800 Accounts receivable 34,220 Notes payable 16,400 Inventory 71,060 Total $ 76,200 Total $ 130,120 Long-term debt $ 107,000 Owners equity Fixed assets Common stock and paid-in surplus $ 102,000 Net plant and equipment $ 216,000 Retained earnings 60,920 Total $ 162,920 Total assets $ 346,120 Total liabilities and owners equity $ 346,120 Complete the pro forma income statements below. (Input all answers as positive values. Do not round intermediate calculations.) Calculate the EFN for 20, 25 and 30 percent growth rates. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.)