Consider the following simplified financial statements for the Wims Corporation (assuming no income taxes): Income Statement Balance Sheet
Sales $ 39,200 Assets $ 21,600 Debt $ 6,600
Costs 32,650 Equity $. 5,000

Net income $ 6,550 Total $ 21,600 Total $ 21,600

The company has predicted a sales increase of 16 percent. It has predicted that every item on the balance sheet will increase by 16 percent as well.

Create the pro forma statements and reconcile them. (Input all answers as positive values. Do not round intermediate calculations.)

What is the plug variable?