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Consider the following simplified financial statements for the Yoo Corporation (assuming no income taxes): Income Statement Sales Costs Balance Sheet $40,000 Assets $26,000 Debt $ 7,000 Equity 19,000 34,160 Net income 5,840 Tot$26,000 Total $26,000 The company has predicted a sales increase of 20 percent. It has predicted that every item on the balance sheet will increase by 20 percent as well. Create the pro forma statements and reconcile them. (Input all amounts as positive values. Do not round intermediate calculations.) Pro forma income statement Pro forma balance sheet Sales 40000 Assets 26000 Debt 7000 Costs 34160 Equity 19000 Net income 5840 Total 26000 Total 26000 What is the plug variable? The plug variablei (Click to select)in the amount of $ dividends paid retained earnings

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