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

Income Statement Balance Sheet

Sales $ 7,200 Current assets 3,900 Current liabilities$2,200

Costs 5,900 Fixed assets 9,800 Long-term debt $3,750

Taxable income$1,300 Equity 7,750

Taxes (34%) 442 Total$13,700 Total $13,700

Net income $858

Assets, costs, and current liabilities are proportional to sales. Long-term debt and equity are not. The company maintains a constant 40 percent dividend payout ratio. As with every other firm in its industry, next year