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, fixed assets, and accounts payable increase spontaneously with sales. CROSBY, INC. 2017 Income Statement Sales Costs Other expenses $ 771,000 627,000 33,000 Earnings before interest and taxes Interest paid $ 111,000 17,200 Taxable income Taxes (23%) $ 93,800 21,574 Net Income $ 72,226 Dividends Addition to retained earnings $20,640 51,586 CROSBY, INC. Balance Sheet as of December 31, 2017 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 26,040 Accounts payable $ 64,600 Accounts receivable 35,540 Notes payable 20,000 Inventory 72.140 Total $ 84,600 Total $ 133,720 Long-term debt $ 119,000 Fixed assets Net plant and equipment Owners' equity Common stock and paid-in $118.000 surplus Retained earnings 40,120 $228,000 Total $ 158,120 Total assets $ 361,720 Total liabilities and owners' equity $361,720 Fixed assets Net plant and equipment Owners' equity Commign stock and paid-in $118.000 surplus Retained earnings 40,120 $228,000 Total $ 158,120 Total assets $ 361.720 $ 361,720 equity Total liabilities and owners' $361,720 What is the EFN if the firm wishes to keep its debt-equity ratio constant? (Do not round Intermediate calculations and round your answer to the nearest whole dollar amount, e.g., 32.) EEN