The most recent financial statements for Crosby, Incorporated, follow. 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, INCORPORATED 2020 Income Statement Sales $771,000 Costs 627,000 Other expenses 33,000 Earnings before interest and $111,000 taxes Interest paid 17,200 Taxable income Taxes (23%) Net income $ 93,800 21,574 $ 72,226 Dividends $ 20,640 51,586 Addition to retained earnings CROSBY, INCORPORATED Balance Sheet as of December 31, 2020 Liabilities and Owners' Equity Assets Current assets Cash Accounts receivable Inventory Total Current liabilities $ 26,040 Accounts payable 35,540 Notes payable $ 64,600 20,000 72,140 Total $ 84,600 $ 133,720 Long-term debt $ 119,000 Owners' equity. Fixed assets Common stock and paid-in surplus $114,000 Net plant and equipment $228,000 Retained earnings 44,120 Total $158,120 Total assets $361,720 Total liabilities and owners' equity $361,720 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.) 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) Sales Costs Other expenses EBIT Interest paid Taxable income Taxes Net income Dividends Add to RE Pro Forma Income Statement 20% Sales Growth 25% Sales Growth 30% Sales Growth Calculate the EFN for 20, 25 and 30 percent growth rates. (Do not round Intermediate calculations and round your answers to the nearest whole number, e.g., 32. A negative answer should be Indicated by a minus sign.) EFN 20% 25% 30%