The most recent financial statements for Retro Machine, Inc., follow. Interest expense will remain constant; the tax rate and the dividend payout rate will also remain constant. Costs, other expenses, current assets, fixed assets, and accounts payable increase spontaneously with sales. RETRO MACHINE, INC. 2020 Income Statement Sales Costs Other expenses $ 773,000 629,000 34,000 $ 110,000 Earnings before interest and taxes Interest paid 18,000 Taxable income Taxes (25%) $ 92,000 23,000 Net income $ 69,000 Dividends Addition to retained earnings $19,240 49,760 RETRO MACHINE, INC. Balance Sheet as of December 31, 2020 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 26,240 Accounts payable $ 65,400 Accounts receivable 35,760 Notes payable 20,600 Inventory 72,320 Total $ 86,000 Total $ 134,320 Long-term debt $ 121,000 Fixed assets Owners' equity Common stock and paid-in surplus Retained earnings $ 116,000 Net plant and equipment $230,000 41,320 Total $ 157,320 Total assets $364,320 Total liabilities and owners' equity $364,320 Complete the pro forma income statements below. (Input all answers as positive values. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) Pro Forma Income Statement 20% Sales Growth 25% Sales Growth 30% Sales Growth Sales Costs Other expenses EBIT Interest paid Taxable income Taxes Net income Dividends Add to RE Calculate the EFN for 20, 25, and 30 percent growth rates. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) 20% 25% 30% EFN