The most recent financial statements for Moose Tours, Inc., appear below. Sales for 2016 are projected to grow by 25 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 MOOSE TOURS, INC 2015 Income Statement Sales $744.000 Costs 579.000 Other expenses 15.000 Earnings before interest and taxes $ 150,000 Interest expense 11.000 Taxable income $ 139,000 Taxes (30%) 41,700 Net income $ 97,300 Dividends Addition to retained earnings $ 22,240 75,060 MOOSE TOURS, INC Balance Sheet as of December 31, 2015 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 20,340 Accounts payable $ 54,500 Accounts receivable 32,660 Notes payable 13.700 Inventory 69,620 Total $ 68,200 Total $ 122,620 Long-term debt $ 127,000 Fixed assets Owners' equity Net plant and equipment $ 420,000 Common stock and paid-in surplus $ 113,000 Retained earnings 234.420 Total $347420 Total assets $542,620 Total liabilities and owners' equity $542,620 What is the EFN if the firm wishes to keep its debt-equity ratio constant? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) EFN