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 $760,000 Costs 595,000 Other expenses 16,000 Earnings before interest and taxes $149,000 Interest paid 17,000 Taxable income $132,000 Taxes (40%) 52,800 Net income $ 79,200 Dividends $18,480 Addition to retained earnings 60,720 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Met plant and equipment Total assets Huesca Holidays Inc. Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 27,000 Accounts payable 42,400 Notes payable 88,600 Total 5158,000 Long-term debt Owners' equity Common stock and paid-in surplus $320,400 Retained earnings Total $478,400 Total liabilities and owners' equity $ 69,700 18,700 $ 88,400 $143,000 $129,000 118,000 $247,000 $478,400 Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit $ sign in your 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 20 % Sales Growth Sales $ Costs Other expenses EBIT Interest Taxable income Taxes (40%) Net income Dividends Add. to RE $ VA VA Complete the pro forma statement of financial position below. Assets $ Current assets Cash Accounts receivable Inventory Total Nuesca Holidays Inc. Pro Forma Statement of Financial Position Liabilities and Owners' Equity Current liabilities $ Accounts payable $ Notes payable $ Total $ Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ $ $ Fixed assets Net plant and equipment Total $ $ Total assets $ Total liabilities and owners' equity Calculate the EFN for 20% growth rates 20% $ EFN