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 Costs $ 771,000 Other expenses 627,000 33,000 Earnings before interest and $ 111,000 taxes 17,200 Interest paid Taxable income Taxes (23%) Net income Dividends Addition to retained earnings $ 20,640 51,586 $ 93,800 21,574 $ 72,226 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 72,140 Total $ 133,720 Long-term debt $ 64,600 20,000 $ 84,600 $ 119,000 Owners' equity Common stock and paid-in Fixed assets $ 114,000 surplus 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.)