Consider the PDF attachment above containing the most recent financial statements for Hopington Tours Inc. Your manager has asked you to prepare proforma statements with the following assumptions: Sales for 2013 are projected to grow by 30%. Interest dollar expense will remain constant. The tax rate will remain constant, but the dividend payout rate will increase to 25% of net income. Costs, other expenses, current assets, and accounts payable are expected to vary directly with sales, but all other debt and equity do not vary with sales. Assume that the firm is operating its fixed assets at full capacity. Calculate the following [IMPORTANT: Do NOT use commas in your response. Express your final answer with no decimals. (e.g., 91234)]:

Projected EBIT = Projected Net Income = Projected Addition to Retained Earnings = Projected increase to Total Assets =

HOPINGTON TOURS INC. 2012 Statement of Comprehensive Income Sales $ 750,000 Costs 585,000 Other expenses 21,000 Earnings before interest and taxes Interest paid $ 144,000 17,000 Taxable income Taxes (expression error)%) $ 127,000 38,100 Net income $ 88,900 Dividends Addition to retained earnings $ 20,320 68,580 HOPINGTON TOURS INC. Statement of Financial Position as of December 31, 2012 Assets Current assets Cash Accounts receivable Liabilities and Owners' Equity Current liabilities Accounts payable $ 68,700 Notes payable 17,700 $ 26,000 41,400 Inventory 87,600 Total $ 86,400 Total $ 155,000 Long-term debt $ 133,000 Owners' equity Common stock and paid-in surplus $ 119,000 $ 300,400 Retained earnings 117,000 Fixed assets Net plant and equipment Total $ 236,000 Total assets $ 455,400 Total liabilities and owners' equity $ 455,400