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. 1:45:34 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 $ 158,300 Long-term debt Owners' equity Common stock and paid-in surplus $ 69,800 18,800 $ 88,600 $144,000 Total $130,000 Fixed assets 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 $ 130,000 175,700 $305,700 $538,300 Total assets Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit $ sign in you response.) Nuesca Holidays Inc. Pro Forma Statement of comprehensive Income 25 % Sales Growth Sales $ 951250 Costs 745000 Other expenses 21250 EBIT 18000 Interest A AUC Watch movie... The Powe 021 0 Saved Nuesca Holidays Inc. Pro Forma Statement of Comprehensive Income 25 % Sales Growth Sales $ 951250 Costs 745000 Other expenses 21250 EBIT $ Interest 18000 Taxable income Taxes (30%) 8 Net income $ $ Dividends Add. to RE 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 | 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 Total A A A A $ $ $ Fixed assets Net plant and equipment A A A A Total assets $ Total liabilities and owners' equity Calculate the EFN for 25% growth rates. 25% $ EFN