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. Assume the firm is operating at full capacity and the debt- equity ratio is held constant. CROSBY, INC. 2017 Income Statement Sales Costs Other expenses $764,000 620,000 29,500 Earnings before interest and taxes Interest paid $ 114,500 14,400 Taxable income Taxes (21%) $ 100,100 21,021 Net income $ 79,079 Dividends Addition to retained earnings $36,540 42,539 CROSBY, INC. Balance Sheet as of December 31, 2017 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 25,340 Accounts payable $ 61,800 Accounts receivable 34,770 Notes payable 17,900 Inventory 71,510 Total $ 79,700 Total $ 131,620 Long-term debt $ 112,000 Fixed assets Net plant and equipment Owners' equity Common stock and paid-in $107.000 surplus Retained earnings 53,920 $ 221,000 Total $ 160,920 Total assets $352,620 Total liabilities and owners' equity $352,620 Complete the pro forma income statements below. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Pro Forma Income Statement 10% Sales Growth 15% Sales Growth 40% Sales Growth Sales Costs Other expenses EBIT Interest paid Taxable income Taxes (21%) Net income Dividends Add to RE Calculate the EFN for 10.15 and 40 percent growth rates. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole dollar amount.) 10% 15% 40% EFNI