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,

fixed assets, and accounts payable increase spontaneously with sales.

In $2020,$ the firm operated at $80$ 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? $($A negative answer should be indicated by a minus sign. Do not

round intermediate calculations and round your answer to the nearest whole number,

e$.$g$.,32.)$