What would be the EFN for 15 and 20 percent growth rates?

The most recent financial statements for Crosby, Inc., follow. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs. other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales. Assume the firm is operating at full capacity and the debt- equity ratio is held constant. CROSBY, INC. 2017 Income Statement Sales Costs Other expenses $759,000 615,000 27,000 Earnings before interest and taxes Interest paid $ 117.000 12,400 Taxable income Taxes (21%) $104,600 21,966 Net income $ 82,634 Dividends Addition to retained earnings $39,540 43,094 CROSBY, INC. Balance Sheet as of December 31, 2017 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 24,840 Accounts payable $ 59,800 Accounts receivable 34,220Notes payable 16,400 Inventory 71,060 Total $ 76,200 Total $ 130,120 Long-term debt $107.000 Owners' equity Common stock and pald-in surplus Retained earnings Fixed assets Net plant and equipment $102,000 $216,000 60,920 Total $162,920 Total liabilities and owners' Total assets $ 346,120 equity Complete the pro forma income statements below. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.)