Chapter 04 - Long-Term Financial Planning And Growt... Help Save & Exit Check my Problem 4-1 Pro Forma Statements (LO1] 10 points Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Income Statement Sales $33,600 Costs 27,800 Balance Sheet Assets $24,350 Debt Equity $ 6,850 17,500 eBook Net income $ 5,800 Total $24,350 Total $24,350 Print References 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 well. Create the pro forma statements and reconcile them. (Input all amounts as positive values. Do not round intermediate calculations.) Pro forma income statement Sales $ Costs Assets Pro forma balance sheet $ Debt Equity $ Net income $ Total $ Total $ What is the plug variable? The plug variable is (Click to select) in the amount of $