Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $ 49,000 Cost 40,300 Taxable income $ 8,700 Taxes (22%) 1,914 Net income $ 6,786 Dividends $ 2,400 Addition to retained earnings 4,386 The balance sheet for the Heir Jordan Corporation follows. HEIR JORDAN CORPORATION Balance Sheet Assets Liabilities and Owners’ Equity Current assets Current liabilities Cash $ 2,950 Accounts payable $ 2,400 Accounts receivable 4,100 Notes payable 5,400 Inventory 6,400 Total $ 7,800 Total $ 13,450 Long-term debt $ 28,000 Owners’ equity Fixed assets Common stock and paid-in surplus $ 15,000 Net plant and equipment $ 41,300 Retained earnings 3,950 Total $ 18,950 Total assets $ 54,750 Total liabilities and owners’ equity $ 54,750 Prepare a pro forma balance sheet, assuming a sales increase of 15 percent, no new external debt or equity financing, and a constant payout ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e. g., 32.16.) Calculate the EFN. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)