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$\backslash$table$[[$Pro Forma Income Statement$],[$Sales$,,],[$Costs$,,],[$Other expenses,,$],[$EBIT$,$$$,0],[$Interest$,,],[$Taxable income,$$,0],[$Taxes $(21\%),,76,429],[$Net income,$$,(76,429)]]$

$\backslash$table$[[$Pro Forma Balance Sheet$],[$Assets$,,$Liabilities and Owners' Equity$],[$Current assets,Current liabilities$],[$Cash$,,,$Accounts payable,,$],[$Accounts receivable,,,Notes payable,,$],[$Inventory$,,,$Total current liabilities,$$,0],[$Total current assets,$$,0,$Long$-$term debt,,$],[,,$Owners' equity,,$],[$Fixed assets,Common stock and paid$-$in surplus,,$],[$Net plant and equipment,,,Retained earnings,,$],[,,$Total owner's equity,$$,0],[$Total assets,$$,0,$Total liabilities and owners' equity,$$,0]]$

What is the EFN?

Note: Do not round intermediate calculations and round your answer to the nearest whole number, e$.$g$.32.$ A negative answer should be indicated by a minus sign.

EFN The most recent financial statements for Crosby, Incorporated, follow. Sales for $2024$ are projected to grow by $30$ percent. Interest

expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current

assets and accounts payable increase spontaneously with sales.

In $2023,$ the firm operated at $75$ percent of capacity. Construct the pro forma income statement and balance sheet for the company.

Assume that the company cannot sell fixed assets. This implies that asset utilization may remain less than $100$ percent next year as

well.

Note: Do not round intermediate calculations and round your answers to the nearest whole number, e$.$g$.,32.$

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