2) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay [21+9+1]% in dividends. Construct the Production volume table based on your student ID number as per the instructions shown below.

a. What will be the depreciation for 2023? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc.

b. What will be the cash and equivalents for 2020? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc.

c. What will be the accounts payable for 2021? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc.

d. Imagine that the corporation decides to use debt for any external financing, what would be the amount of debt in 2020? (If no net new financing is needed, then answer with a negative number) NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc.

Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2030 2011 2072 2023 1024 2010 Income atment + Sales Revenue 1 45.00.00 1 1.000.00 8,100.00 . 5 400.00 2 As Cost of Goods Sol 3 COITOA 4 foss Depreciation Expense 6 EDIT 0 Jess Interest and Other Expenses 7 PRE-TAX INCOME less Income Tax 1 1 3,000.00 09.02 2,100.00 120.00 1 3 9 NET INCOME 1.610.00 Lotion Volume OST MESTO Marketare Puction Volume ( MSDX Marko VO TOK TO MED DAC3 TAL CASTELLO WORLD 150 145.00 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2030 2011 2072 2023 1024 2010 Income atment + Sales Revenue 1 45.00.00 1 1.000.00 8,100.00 . 5 400.00 2 As Cost of Goods Sol 3 COITOA 4 foss Depreciation Expense 6 EDIT 0 Jess Interest and Other Expenses 7 PRE-TAX INCOME less Income Tax 1 1 3,000.00 09.02 2,100.00 120.00 1 3 9 NET INCOME 1.610.00 Lotion Volume OST MESTO Marketare Puction Volume ( MSDX Marko VO TOK TO MED DAC3 TAL CASTELLO WORLD 150 145.00