Problem 4-3 Lap Dogs Inc. is planning for next year and has the summarized results given below. The firm pays interest of 13% on all borrowing and is subject to an overall tax rate of 39%. It paid interest of $30,000 this year and plans a $65,000 dividend next year. Complete Lap Dog's forecast of next year's financial statements. Enter your answers in thousands. For example, an answer of $12 thousands should be entered as 12, not 12,000. Enter all amounts as a positive numbers.

Income Statement ($000)

EBIT	$243
Interest
EBT	$
Income Tax
Net Income	$

	Balance Sheet ($000)
	This Year	Next Year
Assets	$582	$752
Current Liabilities	70	80
Debt	265
Equity	247
Total Liab & Equity	$582	$752