The most recent financial statements for Crosby, Incorporated, appear below. Interest expense will remain constant; the tax rate and the dividend payout rate also will remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable Increase spontaneously with sales. 2 points CROSBY, INCORPORATED 2021 Income Statement Skipped Sales $760,000 Costs 616,000 Other expenses 27,500 Earnings before Interest and taxes $116,500 eBook Interest expense 12,800 Taxable income $103,700 Taxes (22%) Net income Dividends Addition to retained earnings 22,814 $ 80,886 References $28.340 52,546 CROSBY, INCORPORATED Balance Sheet as of December 31, 20211 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $24,940 Accounts payable Accounts receivable 34,330 Notes payable $ 60,200 16,700 Inventory 71,150 Total $ 76,900 Total $130,420 Long-term debt $108,000 Owners' equity Fixed assets Net plant and equipment $217,000 Common stock and paid-in surplus Retained earnings $103,000 59,520 Total $162,520 Total assets $347,420 Total liabilities and owners' equity $347,420 Mc The firm is operating at full capacity and no new debt or equity is issued. Complete the pro forma income statements below. (Input all answers as positive values. Do not round intermediate calculations and round your answers to the nearest whole number an > 34/420 Total liabilities and owners' equity $347,420 2 points Skipped The firm is operating at full capacity and no new debt or equity is issued. Complete the pro forma income statements below. (Input all answers as positive values. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Pro Forma Income Statement eBook 01 Hin 10 Print References Sales Costs Other expenses EBIT Interest expense Taxable income Taxes Net income Dividends Add to RE 20% Sales Growth 25% Sales Growth 30% Sales Growth Calculate the EFN for 20, 25 and 30 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 number, e.g., 32.) EFN 20% 25% 30%