Use the financial statements and additional data provided by management to forecast the change to firm's Retained Eamings for the projected year Sales revenue is expected to increase 50% Additional investment in fixed assets = $2,500 Dividend payout ratio = 26% Sales COGS Gross Profit 8,000 5.200 2,800 800 2,000 50 SG&A EBIT interest EBT 1,950 taxes (40%) 780 Net Income 1,170 Select one: a $1,310 5.$1,550 $1,710 O d. $1770 e to search o BE