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 $ 757,000 Costs 613,000 Other expenses 26,000 Earnings before interest and taxes $ 118,000 Interest paid 11,600 Taxable income $ 106,400 Taxes (24%) 25,536 Net income $ 80,864 Dividends $ 40,740 Addition to retained earnings 40,124 CROSBY, INC. Balance Sheet as of December 31, 2017 Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 24,640 Accounts payable $ 59,000 Accounts receivable 34,000 Notes payable 15,800 Inventory 70,880 Total $ 74,800 Total $ 129,520 Long-term debt $ 105,000 Owners equity Fixed assets Common stock and paid-in surplus $ 100,000 Net plant and equipment $ 214,000 Retained earnings 63,720 Total $ 163,720 Total assets $ 343,520 Total liabilities and owners equity $ 343,520 Complete the pro forma income statements below. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Calculate the EFN for 15, 20 and 45 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.)