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The most recent financial statements for Hopington Tours Inc. follow. Sales for 2018 are projected to grow by 20%. Interest expense will remain constant, the

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The most recent financial statements for Hopington Tours Inc. follow. Sales for 2018 are projected to grow by 20%. 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. The firm is operating at full capacity and no new debt or equity is issued HOPINGTON TOURS INC 2017 Statement of Comprehensive Income Sales $755,000 Costs 590,000 Other expenses 11,000 Earnings before interest and taxes $154,000 Interest paid 12.000 Taxable income $ 142,000 Taxes (40%) 56,800 Net income $ 85,200 Dividends $34,089 Addition to retained earnings 51,220 Assets Current assets Cast HOPINGTON TOURS INC. Statement of Financial Position as of December 31, 2017 Libilities and Owners' Equity Current liabilities $ 26,500 Accounts payable $ 69,200 Drou Assets Current assets Cash Accounts receivable Inventory Total HOPINGTON TOURS INC. Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 26, See Accounts payable 41,900 Notes payable 88,100 Total $156,500 Long-term debt Owners' equity Common stock and paid-in surplus $240, eee Retained earnings Total $396,500 Total liabilities and owners' equity $ 69,200 18, 20e $ 87, 4ee $138, eee Fixed assets Net plant and equipment $124,888 47,188 $171, 1ee $396,500 Total assets Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit $ sign in your response.) HOPINGTON TOURS INC. Pro Forma Statement of Comprehensive Income 20 % Sales Growth $ Sales

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