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Global Corp. expects sales to grow by 7% next year. Using the percent of sales method and the data provided in the given tables 3 forecast the following a. Costs e. Accounts receivable b. Depreciation f. Inventory c. Net income g. Property, plant, and equipment d. Cash h. Accounts payable (Note: Interest expense will not change with a change in sales. Tax rate is 26%.) U Click on the icons located on the top-right corners of the data tables below to copy its contents into a spreadsheet Income Statement ($ million) Balance Sheet ($ million) Net Sales 185.7 Assets Costs Except Depreciation - 175.2 Cash EBITDA 10.5 Accounts Receivable Depreciation and Amortization - 1.2 Inventories EBIT 9.3 Total Current Assets Interest Income (expense) -7.7 Net Property, Plant, and Equipment Pre-tax Income 1.6 Total Assets Taxes (26%) -0.4 Net Income 1.2 Liabilities and Equity Accounts Payable Long-Term Debt Total Liabilities Total Stockholders' Equity Total Liabilities and Equity 23.3 18.1 15.5 56.9 112.7 169.6 34.8 113.2 148.0 21.6 169.6