The most recent financial statements for Crosby, Inc., follow. Sales for 2018 are projected to grow by 25 percent. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. CROSBY, INC. 2017 Income Statement Sales $754,000 Costs 589,000 Other expenses 25,000 Earnings before interest $140,000 and taxes Interest paid 21,000 Taxable income Taxes (21%) Net income $ 119,000 24,990 $ 94,010 Dividends $28,203 Addition to retained 65,807 earnings CROSBY, INC. Balance Sheet as of December 31, 2017 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 21,340 Accounts payable Accounts receivable 44,280 Notes payable $ 55,500 14,700 Inventory 98,960 Total $ 70,200 Total $164,580 Long-term debt $ 137,000 Fixed assets Owners' equity Net plant and equipment $430,000 Common stock and paid-in $ 118,000 surplus Retained earnings 269,380 Total $387,380 Total liabilities and owners' Total assets $594,580 $594,580 equity Pro Forma Balance Sheet Assets Liabilities and Owners' Equity Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity What is the EFN? (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.) EFN