Problem 4-1 Pro Forma Statements [LO1 Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Income Statement Sales $30,100 Assets $21,050 Debt $6,550 Costs 24,380 Balance Sheet Equity 14,500 Net $5,720 Total $21,050 Total $21,050 The company has predicted a sales increase of 14 percent. It has predicted that every tem on the balance sheet will increase by 14 percent as well. Create the pro forma statements and reconcile them. (Input all amounts as positive values. Do not round intermediate calculations.) ro forma income statement Pro forma balance sheet Sales Costs Assets $ I Debt Equity Total Net income Total