3) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. Construct the Production volume table based on your student ID number as per the instructions shown above. Dividend pay out = 18% a. What will be the depreciation for 2024? 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 2022? 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 2023? 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? 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 2019 2020 2021 Income Statement 1 Sales Revenue $ 45,000.00 2 less: Cost of Goods Sold $ 38,900.00 8,100.00 4,500.00 3,600,00 3 EBITDA 4 loss: Depreciation Expense 5 EBIT 6 loss: Interest and Other Expenses 7 PRE-TAX INCOME 8 less: Income Tax B00.00 2,800.00 1,120.00 9 NET INCOME 168000 TOIDUTOOS 200 7 5762513 121561063 Production Volume n Wake size 2 IVAN Sare 3 Production Vouma Market 5.0 X 4 Average Sales Price TODOS 1515 S hare 3310 54155301272157 54916 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2019 1 ASSETS 2 Cash and Equivalents 7.200.00 Accounts Receivable 3 4 6,300.00 7,650,00 Inventory S CURRENT ASSETS 21,150.00 6 Property, plant and Equipment 29.700.00 7 TOTAL ASSETS 50.350.00 10,350.00 10,350.00 8,000.00 18,350.00 8 LIABILITIES AND EQUITY 9 Accounts Payable 10 CURRENT LIABILITIES 11 Long Term Debt 12 TOTAL LIABILITIES 13 STOCKSHOLDER'S EQUITY 14 Retained Earnings 15 TOTAL EQUITY 16 TOTAL LIABILITIES AND EQUITY 32,500.00 32,500.00 50 SA 09 U S B question has two parts, first: is the rate value decreasing, and second explain your answer. 2) Medtronic firm has $70,000,000 in equity and $60,000,000 in debt and forecast $23,000,000 in net income for the year. It currently pays dividends equal to 18 % of its net income