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. w CROSBY, INCORPORATED 2020 Income Statement $ Sales 757,000 Costs 613,000 Other expenses 26,000 Earnings before interest and taxes Interest paid $ 118,000 11,600 Taxable income Taxes (24%) $ 106,400 25,536 Net income $ 80,864 Dividends Addition to retained earnings $ 30,440 50.424 CONCOVICADOODXTC Dividends Addition to retained earnings $ 30,440 50,424 CROSBY INCORPORATED Balance Sheet as of December 31, 2020 Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 24,640 Accounts payable Accounts receivable 34,000 Notes payable $ 59.000 15,800 Inventory 70.880 Total $ 74,800 Total $ 129,520 Long-term debt $ 105,000 Fixed assets Net plant and equipment $ 214,000 Owners' equity Common stock and paid in surplus Retained earnings $ 100,000 63,720 Total $ 163,720 Total assets $ 343,520 Total liabilities and owners equity $ 343 520 Complete the pro forma income statements below. (Input all answers as positive values. Do not round intermediate calculations and round your answers to the Total assets $ 343,520 Total liabilities and owners' equity $ 343,520 Complete the pro forma income statements below. (Input all answers as positive alues. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Pro Forma Income Statement 20% Sales Growth 25% Sales Growth 30% Sales Growth Sales Costs Other expenses EBIT Interest paid Taxable income Taxes Net income Dividends Add to RE mierest palu Taxable income Taxes Net income Dividends Add to RE 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.) 20% 25% 30% EFN