Save & Exit Sub The most recent financial statements for Nuesca Holidays Inc. follow. Sales for 2018 are projected to grow by 25%. 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 Nuesca Holidays Inc. 2017 Statement of Comprehensive Income Sales $753,000 Costs 588,eee other expenses 24, eee Earnings before interest and taxes $141,000 Interest paid 10,000 Taxable income $131, eee Taxes (40%) 52, 4ee Net income $ 78,600 Dividends $31,440 Addition to retained earnings 47,160 Assets Current assets Cash Accounts receivable Inventory Total Nuesca Holidays Inc. Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 26,300 Accounts payable 41,700 Notes payable 87,900 $155, 90e Long-term debt 5 69,000 10, 5 87,00 $101.000 Total Taxable income Taxes (40%) Net income Dividends Addition to retained earnings 10,000 $131,989 52,400 $ 78,600 $31,440 47,160 Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Nuesca Holidays Inc Statement of Financial Position as of December 31, 2017 Liabilities and Owners' Equity Current liabilities $ 26,300 Accounts payable 41,700 Notes payable 87,900 Total $155,900 Long-term debt Owners' equity Common stock and paid in surplus $150,400 Retained earnings Total $386, 3e Total liabilities and owners' equity $ 69.000 18,000 $ 87,000 $101.000 $100,000 18,300 $118,300 $306,300 Complete the pro forma statement of comprehensive Income below. (Input all amounts as positive values. Omit S sign in your response.) Complete the pro forma statement of comprehensive income below. (Input all amounts as positive values. Omit S sign in your response.) Nuesca Holidays Inc. Pro Forma Statement of comprehensive Income 25 % 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. Help Save & Exit Complete the pro forma statement of financial position below. Submi Assets Current assets Cash Accounts receivable Inventory Total Nuesca Holidays Inc. Pro Forma Statement of Financial Position Liabilities and Owners' Equity Current liabilities $ Accounts payable $ Notes payable S Total $ Long-term debt Owners' equity Common stock and paid-in surplus $ Retained earnings Total Total 1411ities and owners' equity $ $ Fixed assets Net plant and equipment $ $ $ Total assets $ Calculate the EFN for 25% growth rates 25% EFN