1. Fire Corp financial statements: Pro forma income statement Pro forma balance sheet Sales $32000 Assets $25300 Debt $ 5800 Costs 24400 Equity 19500 Net income $ 7600 Total $25,300 Total $25,300 It expects 15% sales increase. It also predicts every item on the balance sheet will increase by 15% as well. It currently pays no dividend. a. What's pro forma equity? b. Create a pro forma statement. c. What's the plug variable here? If Fire Corp decides to pay half of income (50%) as dividend, and debt remains the same, d. What's pro forma equity? e. What's the EFN