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The most recent financial statements for Nuesca Holidays Inc. follow. Sales for 2018 are projected to grow by 25%. Interest expense will remain constant; the

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The most recent financial statements for Nuesca Holidays Inc. follow. Sales for 2018 are projected to grow by 25%. 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 $20,800 Addition to retained earnings 70,200 $761,000 596,000 17,000 $148,000 18,000 $130,000 39,000 $ 91,000 Assets Current assets Cash Accounts receivable Inventory Total Nuesca Holidays Inc. Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 27,100 Accounts payable 42,500 Notes payable 88,700 Total $ 158,300 Long-term debt Owners' equity Common stock and paid-in surplus $380,000 Retained earnings Total $538, 300 Total liabilities and owners' equity $ 69,800 18,800 $ 88,600 $144,000 Fixed assets Net plant and equipment $138, coe 175, 700 $305,700 5538,300 Total assets Comnlete the nr forma statement of comnrehensive income below linnut all amounts as positive values. Omit Ssian in vour

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