The most recent financial statements for Crosby, Inc., follow. Sales for 2018 are projected to grow by 20 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.

I need help with the Pro Forma Balance sheet and the EFN! Thank you.

CROSBY, INC. 2017 Income Statement $759,000 594,000 30,000 Sales Costs Other expenses Earnings before interest $135,000 and taxes Interest paid 26,000 $109,000 22,890 Taxable income Taxes (21%) Net income $ 86,110 $26,694 Dividends Addition to retained 59,416 earnings Balance Sheet as of December 31, 2017 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable $ 21,840 Accounts payable $ 56,000 44,780 Notes payable 15,200 $ 71,200 $142,000 103,960 Total Inventory $170,580 Long-term debt Fixed assets Owners' equity Net plant and equipment Common stock and paid-in $435,000 surplus $120,500 271,880 $392,380 Total liabilities and owners $605,580 Retained earnings $605,580 equity Total assets In 2017, the firm operated at 80 percent of capacity. Construct the pro forma income statement and balance sheet for the company. Assume that fixed assets are sold so that the company has a 100 percent asset utilization. (Do not round intermediate calculations.) Pro Forma Income Statement 910,800 712,800 36,000 162,000 26,000 136,000 28,560 107,440 Sales Costs Other expenses EBIT Interest Taxable income Taxes Net income Pro Forma Balance Sheet Assets Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable Inventory 26,208 Accounts payable 53,736Notes payable 124,752 67,200 Total Total 204,696 Long-term debt Owners' equity Common stock and paid-in surplus Fixed assets Net plant and equipment Retained earnings Total Total assets 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