The most recent financial statements for Xporter, Inc., are shown here: Income Statement Sales $7220 Costs $5791 Taxable Income ? Taxes (34%) ? Net Income ? Balance Sheet Current Asset $3986 Current Liabilities $2301 Fixed Asset $9672 Long Term Debt $3889 Equity ? Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 19 percent dividend payout ratio. As with every other firm in its industry, next years sales are projected to increase by exactly 13 percent.