please provide the correct solution and the way to solve it

The most recent financial statements for Hopington Tours Inc. follow. Sales for 2018 are projected to grow by 20%. Interest expense will remain constant, the tax rate and the dividend payout rate will also remain constant Costs, other expenses, current assets, and accounts payable increase spontaneously with sales. The firm is operating at full capacity and no new debt or equity is issued. HOPINGTON TOURS INC. 2017 Statement of Comprehensive Income Sales Costs Other expenses Earnings before interest and taxes Interest paid Taxable income Taxes (40%) Net income Dividends $18,060 Addition to retained earnings 59,340 $749,000 584,000 20,000 $145,000 16,000 $129,000 51,600 $ 77,400 Assets Current assets Cash Accounts receivable Inventory Total HOPINGTON TOURS INC. Statement of Financial Position as of December 31, 2017 Liabilities and Owners Equity Current liabilities $ 25,900 Accounts payable 41,300 Notes payable 87,500 Total $154,700 Long-term debt Owners' equity Common stock and paid-in surplus $310,400 Retained earnings Total $465,100 Total liabilities and owners' equity $ 68,600 17,600 $ 86, 200 $132,000 Fixed assets Net plant and equipment $118,000 128, 900 $246,900 $465,100 Total assets Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit $ sign in your response.) HOPINGTON TOURS INC. Pro Forma Statement of Comprehensive Income response.) HOPINGTON TOURS INC. Pro Forma Statement of Comprehensive Income 20% Sales Growth $ Sales Costs Other expenses EBIT $ $ Interest Taxable income Taxes (40%) Net income Dividends Add to RE $ $ Complete the pro forma statement of financial position below. Assets Current assets Cash $ Accounts receivable Inventory Total A RANA wo $ HOPINGTON TOURS INC. Pro Forma Statement of Financial Position Liabilities and Owners Equity Current liabilities $ Accounts payable $ Notes payable $ Total $ Long-term debt Owners' equity Common stock and paid-in surplus $ Retained earnings Total $ Total liabilities and owners' equity $ $ Fixed assets Net plant and equipment $ ma $ Total assets $ Calculate the EFN for 20% growth rates, 20% $ EFN