The most recent financial statements for Crosby Incorporated, follow. Sales for 2021 are projected to grow by 30 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 749,000 Costs 584,000 Other expenses 20,000 Earnings before interest and $ 145,000 taxes Interest paid 16,000 Taxa Income $ 129,000 Taxes (21%) 27,090 Net income $ 101,910 Dividends $ 31,592 Addition to retained earnings 70,318 CROSBY, INCORPORATED Balance Sheet as of December 31, 2020 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 20,840 Accounts payable Accounts receivable 43,780 Notes payable $ 55,000 14,200 Inventory 93,960 Total $ 69,200 Total $ 158,580 Long-term debt $ 132,000 Fixed assets Net plant and equipment $ 425,000 Owners' equity Common stock and pald-in surplus Retained earnings $115.500 266,880 Total $ 382,380 Total assets $ 583,580 Total liabilities and owners' equity $ 583,580 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.) Pro Forma Income Statement Sales Costs Other expenses EBIT $ 0 $ 0 Interest Taxable income Taxes (21%) Net Income S 0 Assets Current assets Cash Accounts receivable Inventory Total current assots Pro Forma Balance Sheet Liabilities and Owners' Equity Current fiabilities Accounts payable Notes payable Total current abilities $ O Long-term debt Owners' equity Common stock and paid in surplus Retained earings Total owner's equity $ 0 Total liabilities and owners' equity $ $ Fixed assets Net plant and equipment 0 0 Total assets $ 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.) EFN