5 of 22 (0 complete) Score: 0 of 1 pt P 18-5 (similar to) HW Score: 0%, 0 of 22 pts Question Help Jim's Espresso expects sales to grow by 10 2% next your Assume that Jim's pays out 82.5% of its net incomo. Use the following statements and the percent of sales method to forecast a. Stockholders' equity b. Accounts payable The Tax Cuts and Jobs Act of 2017 tomporanly allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career a. Stockholders equity The new stockholders' equity will be SL (Round to the nearest dollar) i Data Table Click on the following icon for the income statement in order to copy its contents into a spreadsheet. Click on the following icon for the balance sheet in order to copy its contents into a spreadsheet. Balance Sheet Assets Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT $208,420 (100,110) $108,310 (5,940) $102,370 (200) $102,170 (25,543) $76,627 Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $14,980 1,910 3,960 $20,850 9,900 Interest Expense (net) Pre-tax Income Income Tax Net Income $30,750 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,460 4,000 $5,460 25 290 $30,750