Question: I just need the plug variable at the end. All other answers are correct. Consider the following simplified financial statements for the Yoo Corporation (assuming

I just need the plug variable at the end. All other answers are correct.

Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes):

Income Statement Balance Sheet
Sales $ 30,500 Assets $ 23,250 Debt $ 6,750
Costs 23,910 Equity 16,500
Net income $ 6,590 Total $ 23,250 Total $ 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 well.

Create the pro forma statements and reconcile them. (Input all amounts as positive values. Do not round intermediate calculations.)

Pro forma income statement Pro forma balance sheet
Sales $ Assets $ Debt $
Costs Equity
Net income $ Total $ Total $

What is the plug variable?

The plug variable is (Click to select) retained earnings dividends paid in the amount of $

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