xPage 116, Fundamentals of Corp x+ keley.courseload.com//content-43581/address/164 connect, BASIC . Pro Forma Statements [LO1] Consider the following simplified financial state- S AND PROBLEMS FINANCE tions 1-15) ments for the Yoo Corporation (assuming no income taxes): Income Statement Balance Sheet Sales Costs $36,000 Assets $26,400 Debt Equity $26,400 Total S 6,300 20,100 $26,400 29,800 Net income 6,200 Total The company has predicted a sales increase of 15 percent. It has predicted that every item on the balance sheet will increase by 15 percent as well. Create the pro forma statements and reconcile them. What is the plug variable here