The most recent financial statements for Fleury Inc., follow. Sales for 2012 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. FLEURY, INC. 2011 Income Statement Sales Costs Other expenses $ 743,000 578,000 15,200 Earnings before interest and taxes Interest paid $ 149,800 11,200 Taxable income Taxes (35%) $ 138,600 48,510 Net income $ 90,090 Dividends Addition to retained earnings $ 27,027 63,063 Assets Current assets Cash Accounts receivable FLEURY, INC. Balance Sheet as of December 31, 2011 Liabilities and Owners' Equity Current liabilities $ 20,240 Accounts payable $ 54,400 32,560 Notes payable 13,600 Inventory 69,520 Total $ 68,000 $ 122,320 $ 126,000 Total Fixed assets Net plant and equipment $330,400 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 112,000 146,720 Total $ 258,720 Total assets $ 452,720 Total liabilities and owners' equity $452,720 What is the EFN if the firm was operating at only 80 percent of capacity in 2011? Assume that fixed assets are sold so that the company has a 100 percent asset utilization. (Negative amount should be indicated by a minus sign.) EFN