The most recent financial statements for Beneke Fabricators, Inc., follow. Sales for 2012 are projected to grow by 20 percent. 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. BENEKE FABRICATORS, INC. 2011 Income Statement Sales $ 758,000 Costs 593,000 Other expenses 14,000 Earnings before interest and taxes $ 151,000 Interest paid 10,000 Taxable income $ 141,000 Taxes (40%) 56,400 Net income $ 84,600 Dividends $ 33,840 Addition to retained earnings 50,760 BENEKE FABRICATORS, INC. Balance Sheet as of December 31, 2011 Assets Liabilities and Owners’ Equity Current assets Current liabilities Cash $ 21,740 Accounts payable $ 55,900 Accounts receivable 34,060 Notes payable 15,100 Inventory 71,020 Total $ 71,000 Total $ 126,820 Long-term debt $ 102,000 Fixed assets Owners’ equity Net plant and equipment $ 275,000 Common stock and paid-in surplus $ 102,000 Retained earnings 126,820 Total $ 228,820 Total assets $ 401,820 Total liabilities and owners’ equity $ 401,820 What is the EFN if the firm was operating at only 80 percent of capacity in 2011? Assume that fixed assets are sold so that the company has a 100 percent asset utilization. (Negative amount should be indicated by a minus sign.) EFN