50.00 points Problem 4-1 Pro Forma Statements [LO Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Sales Costs $30,500 Assets $23,250 Debt 6,750 Equity 16,500 23.910 Net income 6,590 Total $23,250 Tal $23,250 The company has predicted a sales increase of 20 percent. It has predicted that every item on the balance sheet will increase by 20 percent as wel Create the pro forma statements and reooncile them. (Input all amounts as positive values. Do not round intermediate calculations.) Pro forma balance Debt Equity Total Assets Sales Costs Total Net income What is the plug variable? The plug variable ( (Click to select) th ant of s retained earnings dividends paid