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11. Hwan also knows the rent will be $45,000 in Year 1 and will increase by at least 4 percent per year. Project the rent
11. Hwan also knows the rent will be $45,000 in Year 1 and will increase by at least 4 percent per year. Project the rent expenses as follows: a. Project the expenses for rent for Years 2-5 (cells D19:G19) using a Growth Trend extrapolation. b. Use 1.04 (a 4 percent increase) as the step value. 12. The Estimated Gross Profit line chart in the range H25::Q45 shows the revenue estimated for the Years 1-5. Hwan wants to extend the projection into Year 6. Modify the Estimated Gross Profit line chart as follows to forecast the future trend: a. Add a Linear Trendline to the Estimated Gross Profit line chart. b. Format the trendline to forecast 1 period forward. New Product Depreciation Schedule Chargedit Futl-Room Wireless Charger
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