1. Below are the financial statements of company ABC for 2018. The company expects a 25% growth in sales for 2019. Forecast the financial statements and fill in the blanks. If the plowback ratio is 40%, the 2019 forecasted dividend is [g]. Sales Costs Income Statements (2019) [a] [b] Income Statements (2018) Sales 2000 (40% of average assets) Costs 1600 (80% of sales ) (5% of debt at start of Interest 50 year) Pretax profit 350 Tax 175 (50% of pretax profit) Net Income 175 Balance Sheet (2018) Interest [c] Pretax profit Tax Net Income Balance Sheet (2019) Net assets [e] [f] 6000 Debt Equity 6000 Total 1000 Net assets 5000 6000 Total Debt Equity Total Total