What is the pro forma retained earnings if Delalo, Inc. grows at a rate of 3.76% and both the profit margin and the dividend payout ratio remain constant? 3 Delalo, Inc. 2015 Income wwwwww Statement Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable Income Taxes Net Income Dividends Addition to retained earnings Delalo, Inc. 2015 Balance Sheet Cash Accounts Rec. Inventory Total Net fixed assets $12,400 9,100 1,800 1,500 340 $1,160 406 $754 $301.60 $452.40 $990 Accounts Payable 840 Long-term debt 620 Common stock $2,450 Retained earnings 10,020 $1,330 3,700 4,600 2,840 Total assets $12,470 Total Liabilities & equity $12,470