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The most recent financial statements for Formatica Inc. follow. Sales for 2018 are projected to grow by 25%. 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. The firm is operating at full capacity and no new debt or equity is issued $ $ Formatica Inc. 2017 Statement of Comprehensive Income Sales Costs Other expenses Earnings before interest and taxes Interest paid Taxable income Taxes (35%) Net income Dividends $ 21,440 Addition to retained earnings 65,660 746,000 581,eee 17.00 148,000 14,000 134,000 46,980 87,180 $ $ Assets Current assets Cash Accounts receivable Inventory Total Formatica Inc. Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 25,600 Accounts payable 41,000 Notes payable 87,200 Total $153,800 Long-term debt Owners' equity Common stock and paid in surplus $322,400 Retained earnings Total $ 68,300 17.300 $ 85,600 $129,800 Fixed assets Het plant and equipment 5143,000 118.600 5261,600 Inventory Total 87,200 $153,800 $ 85,gee $129,00 Fixed assets Net plant and equipment Total Long-term debt Owners equity Comon stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $322,400 $143,000 116.6 $261,600 5476,200 Total assets $476,200 Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omn S sign in your response.) Formatica Inc. Pro Forma Statement of Comprehensive Income 25 % Sales Growth Sales Costs Other expenses EBIT Interest $ Taxable income Taxes (35%) $ Net income $ $ Dividends Add. to RE Complete the pro forma statement of financial position below. Assets Current assets Cash Accounts receivable Inventory Total formatica Inc Pro Forma Statement of Financial Position Tatians and als Current liabilities Accounts payable $ Notes payable $ Total $ Long-term debt Owners' equity Common stock and paid in surplus Retained earnings Total Total liabilities and owners' equity 5 $ Fixed assets Net plant and equipment S $ $ Total assets Calculate the EFN for 25% growth rates 25% EFN

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