The most recent financial statements for Nuesca Holidays 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. Nuesca Holidays Inc. 2017 Statement of Comprehensive Income Sales Costs Other expenses Earnings before interest and taxes Interest paid Taxable income Taxes (30%) Net income Dividends Addition to retained earnings $759,000 594,000 15,000 $150,000 16,000 $134,000 40,200 $93,800 $28,140 65,660 Nuesca Holidays Inc. Statement of Financial Position as of December 31, 2017 Assets Liabilities and Owners' Equity Current assets Cash Accounts receivable $ 26,900 Current liabilities Accounts payable 42,300 Notes payable Inventory 88,500 Total Total $157,700 Long-term debt $ 69,600 18,600 $ 88,200 $142,000 Owners equity Fixed assets. Net plant and equipment $363,000 Common stock and paid-in surplus Retained earnings $128,000. 162,500 Total $290,500 Total assets $520,700 Total liabilities and owners' equity $520,700 Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit $ sign in your response.) Nuesca Holidays Inc. Pro Forma Statement of Comprehensive Income Sales Costs Other expenses EBIT Interest 20% Sales Growth $ $ Taxable income $ Taxes (30%) Net income Dividends i Add. to RE $ $ Liabilities and Owners' Equity Complete the pro forma statement of financial position below. Current assets Cash Accounts receivable. Inventory Huesca Holidays Inc. Pro Forma Statement of Financial Position Current liabilities Accounts payable Assets $ $ Notes payable $ Total Total Fixed assets Net plant and equipment Total assets Long-term debt Omers' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $ $ $ $ $ $ $ Calculate the EFN for 20% growth rates. EFN 20% $