he most recent financial statements for Scott, Inc., appear below. Sales for 2020 are projected to grow by 20 percent. Interest expense will remain constant; the tax rate and the dividend payout rate also will remain constant. Costs, other expenses, current assets and accounts payable increase spontaneously with sales.

SCOTT, INC. 2019 Income Statement
Sales					$747,000
Costs					582,000
Other expenses					18,000
Earnings before interest and taxes					$147,000
Interest expense					14,000
Taxable income					$133,000
Taxes (24%)					31,920
Net income					$101,080
Dividends		$31,335
Addition to retained earnings		69,745

SCOTT, INC. Balance Sheet as of December 31, 2019
Assets				Liabilities and Owners Equity
Current assets				Current liabilities
Cash	$	20,640		Accounts payable	$	54,800
Accounts receivable		43,580		Notes payable		14,000
Inventory		91,960		Total	$	68,800
Total	$	156,180		Long-term debt	$	130,000
Fixed assets				Owners equity
Net plant and equipment	$	423,000		Common stock and paid-in surplus	$	114,500
				Retained earnings		265,880
				Total	$	380,380
Total assets	$	579,180		Total liabilities and owners equity	$	579,180

In 2019, the firm operated at 80 percent of capacity. Construct the pro forma income statement and balance sheet for the company. Assume that the company cannot sell fixed assets. This implies that asset utilization may remain less than 100 percent next year as well. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)

What is the EFN? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32. A negative answer should be indicated by a minus sign.)