The most recent financial statements for Crosby, Inc., follow. Sales for 2018 are projected to grow by 30 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				$	755,000
Costs					590,000
Other expenses					26,000
Earnings before interest and taxes				$	139,000
Interest paid					22,000
Taxable income				$	117,000
Taxes (22%)					25,740
Net income				$	91,260
Dividends	$	28,291
Addition to retained earnings		62,969

CROSBY, INC. Balance Sheet as of December 31, 2017
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash	$	21,440		Accounts payable	$	55,600
Accounts receivable		44,380		Notes payable		14,800
Inventory		99,960		Total	$	70,400
Total	$	165,780		Long-term debt	$	138,000
Fixed assets				Owners equity
Net plant and equipment	$	431,000		Common stock and paid-in surplus	$	118,500
				Retained earnings		269,880
				Total	$	388,380
Total assets	$	596,780		Total liabilities and owners equity	$	596,780

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
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 payable
Accounts receivable		Notes payable
Inventory		Total
Total		Long-term debt
		Owners equity
Fixed assets		Common stock and paid-in surplus
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.)