2015. (d) Should Topeka National Bank grant the extension on Bradburn's notes considering Daniel Brown's statement about financing the plant expansion through internally generated funds? Discuss. Enter text answer here. Other financial reports and financial analyses which might be helpful to the commercial loan officer of Spokane National Bank include: \begin{tabular}{|l|l|} \hline 1 & Enter text answer as appropriate. \\ & \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline 2 & Enter text answer as appropriate. \\ \hline 3 & Enter text answer as appropriate. \\ \hline 3 & Enter text answer as appropriate. \\ \hline 4 & \\ \hline \end{tabular} (c) Assume that the percentage changes experienced in fiscal year 2015 as compared with fiscal year 2014 for sales and cost of goods sold will be repeated in each of the next 2 years. Is Bradburn's desire to finance the plant expansion from internally generated funds realistic? Discuss. (c) Assume that the percentage changes experienced in fiscal year 2015 as compared with fiscal year 2014 for sales and cost of goods sold will be repeated in each of the next 2 years. Is Bradburn's desire to finance the plant expansion from internally generated funds realistic? Discuss. Enter text answer as appropriate. BRADBURN CORPORATION Income Statement For The Fiscal Year Ended March 31 \begin{tabular}{|c|c|c|c|} \hline \multirow{2}{*}{\multicolumn{2}{|c|}{ Saloc }} & 2015 & 2014 \\ \hline & & $3,000,000 & $2,700,000 \\ \hline \multicolumn{2}{|l|}{ Cost of goods sold } & 1,530,000 & 1,425,000 \\ \hline \multicolumn{2}{|l|}{ Gross margin } & 1,470,000 & 1,275,000 \\ \hline \multicolumn{2}{|l|}{ Operating expenses } & 860,000 & 780,000 \\ \hline \multicolumn{2}{|l|}{ Income before income taxes } & 610,000 & 495,000 \\ \hline \multicolumn{2}{|l|}{ Income taxes } & 244,000 & 198,000 \\ \hline \multicolumn{2}{|l|}{ Net income after income taxes } & $366,000 & $297,000 \\ \hline Depreciation charges on the plant and equipment of & $100,000 & and & $102,500 \\ \hline \end{tabular} for the fiscal years ended March 31, 2014, and 2015, respectively, are included in cost of goods sold. (5) Percentage change in sales, cost of goods sold, gross margin, and net income after taxes from fiscal year 2014 to 2015. Omit "000" from the values. Sales Cost of goods sold Gross margin Vet income after taxes Note: The formulas in some cell formulas are "live" and need values placed in their source cells. b) Identify and explain what other financial reports and/or financial analyses might be helpful to the commercial loan officer of Topeka National Bank in evaluating Daniel Brown's request for a time extension on Bradburn's notes. (a) Cc (1) 1 (2) (3) I (4) I Instructions: Fill in the provided matrix and utilize it as the matrix for "VLOOKUP" formulas within the cells below. (Ratio Computations and Additional Analysis) Bradburn Corporation was formed 5 years ago through a public subscription of common stock. Daniel Brown, who owns of the common stock, was one of the organizers of Bradburn and is its current president. The company has been successful, but it currently is experiencing a shortage of funds. On June 10,2014 Daniel Brown approached the Topeka National Bank, asking for a 24-month extension on two $35,000 notes, which are due on June 30, 2015, and September 30, 2015. Another note of $6,000 is due on March 31, 2016, but he expects no difficulty in paying this note on its due date. Brown explained that Bradburn's cash flow problems are due primarily to the company's desire to finance a plant expansion over the next 2 fiscal years through internally generated funds