The most recent financial statements for Crosby Incorporated, follow. Sales for 2021 are projected to grow by 20 percent. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets and accounts payable increase spontaneously with sales. CROSBY, INCORPORATED 2020 Income Statement Sales Costs Other expenses Earnings before interest and taxes Interest paid Taxable income Taxes (25%) Net income Dividends Addition to retained earnings $ 28,133 62,617 $ 753,000 588,000 24,000 $ 141,000 20,000 $ 121,000 30,250 $ 90,750 Current assets Cash Accounts receivable Inventory Total Total assets CROSBY, INCORPORATED Balance Sheet as of December 31, 2020 Assets Fixed assets Net plant and equipment $429,000 Sales Costs Other expenses EBIT $ 21,240 44,180 97,960 $ 163,380 Interest Taxable income Taxes (25%) Net income Pro Forma Income Statement $ 592,380 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total $ 55,400 14,600 $ 70,000 In 2020, the firm operated at 80 percent of capacity. Construct the pro forma income statement and balance sheet for the company. Assume that the company cannot sell fixed assets. This implies that asset utilization may remain less than 100 percent next year as well. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) $ 136,000 $ 117,500 268,880 $ 386,380 Total liabilities and owners' equity $592,380 Current assets Cash Accounts receivable Inventory Total current assets Fixed assets Net plant and equipment Total assets EFN Assets Pro Forma Balance Sheet Current liabilities Accounts payable Notes payable Liabilities and Owners' Equity Total current liabilities Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total owner's equity Total liabilities and owners' equity What is the EFN? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. A negative answer should be indicated by a minus sign.)