The most recent financial statements for Crosby, Incorporated, follow. Sales for 2021 are projected to grow by 25 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		$ 754,000
Costs		589,000
Other expenses		25,000
Earnings before interest and taxes		$ 140,000
Interest paid		21,000
Taxable income		$ 119,000
Taxes (21%)		24,990
Net income		$ 94,010
Dividends	$ 28,203
Addition to retained earnings	65,807

CROSBY, INCORPORATED
Balance Sheet as of December 31, 2020
Assets		Liabilities and Owners Equity
Current assets		Current liabilities
Cash	$ 21,340	Accounts payable	$ 55,500
Accounts receivable	44,280	Notes payable	14,700
Inventory	98,960	Total	$ 70,200
Total	$ 164,580	Long-term debt	$ 137,000
Fixed assets		Owners equity
Net plant and equipment	$ 430,000	Common stock and paid-in surplus	$ 118,000
		Retained earnings	269,380
		Total	$ 387,380
Total assets	$ 594,580	Total liabilities and owners equity	$ 594,580

In 2020, the firm operated at 75 percent of capacity. Construct the pro forma income statement and balance sheet for the company. Assume that fixed assets are sold so that the company has a 100 percent asset utilization. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

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.)