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 $ 759,000 Costs 594,000 Other expenses 30,000 Earnings before interest and taxes $ 135,000 Interest paid 26,000 Taxable income $ 109,000 Taxes (21%) 22,890 Net income $ 86,110 Dividends $ 26,694 Addition to retained earnings 59,416 CROSBY, INCORPORATED Balance Sheet as of December 31, 2020 Assets Liabilities and Owners Equity Current assets Current liabilities Cash $ 21,840 Accounts payable $ 56,000 Accounts receivable 44,780 Notes payable 15,200 Inventory 103,960 Total $ 71,200 Total $ 170,580 Long-term debt $ 142,000 Fixed assets Owners equity Net plant and equipment $ 435,000 Common stock and paid-in surplus $ 120,500 Retained earnings 271,880 Total $ 392,380 Total assets $ 605,580 Total liabilities and owners equity $ 605,580 In 2020, the firm operated at 80 percent of capacity. Construct the pro forma income statement and balance sheet for the company. Assume that 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.)