The most recent financial statements for Summer Tyme, Inc., are shown here:

Income Statement Balance Sheet

Sales $3,700 Current assets $4,200 Current liabilities $980

Costs

2,200

Fixed assets 6,300 Long-term debt 3,520

Taxable income $1,500 Equity 6,000

Taxes (31%) 465 Total

$10,500

Total

$10,500

Net income

$1,035

Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 50 percent dividend payout ratio. As with every other firm in its industry, next year's sales are projected to increase by exactly 30 percent.

cant calculate doesnt work