The most recent financial statements for Scott, Inc., appear below. Interest expense will remain constant; the tax rate and the dividend payout rate also will remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales.

SCOTT, INC. 2019 Income Statement
Sales				$	757,000
Costs					613,000
Other expenses					26,000
Earnings before interest and taxes				$	118,000
Interest expense					11,600
Taxable income				$	106,400
Taxes (24%)					25,536
Net income				$	80,864
Dividends	$	30,440
Addition to retained earnings		50,424

SCOTT, INC. Balance Sheet as of December 31, 2019
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash	$	24,640		Accounts payable	$	59,000
Accounts receivable		34,000		Notes payable		15,800
Inventory		70,880		Total	$	74,800
Total	$	129,520		Long-term debt	$	105,000
				Owners equity
Fixed assets				Common stock and paid-in surplus	$	100,000
Net plant and equipment	$	214,000		Retained earnings		63,720
				Total	$	163,720
Total assets	$	343,520		Total liabilities and owners equity	$	343,520

Complete the pro forma income statements below. (Input all answers as positive values. Do not round intermediate calculations.)

Calculate the EFN for 20, 25 and 30 percent growth rates. (Do not round intermediate calculations. A negative answer should be indicated by a minus sign.)