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Predicting net income. Abbreviated income statements for Starbucks are in the popup window: II Predict the net income for the period ending September 30, 2014, by determining the growth rates of sales, COGS, SG&A, and interest expense. Use a tax rate of 37%. Note: Enter all expenses as negative numbers (Hint: Use the compounded growth rate method to calculate all of the growth rates) The sales growth is % (Round to three decimal places.) The cost of goods sold growth is %. (Round to three decimal places.) The selling, general, and administrative expenses growth is %. (Round to three decimal places) The interest expense growth is % (Round to three decimal places.) The projected sales for 2014 is $ million (Round to the nearest million dollars.) The projected cost of goods sold for 2014 is $ million (Round to the nearest million dollars.) The projected selling, general, and administrative expenses for 2014 is $ million (Round to the nearest million dollars.) The projected interest expense for 2014 is $million (Round to the nearest million dollars.) Complete the table below. Note: Use a minus sign for numbers to be subtracted. (Round to the nearest million dollars.) UU, Juan, anu Rees expense. Use a tax rate or 37%. Note: Enter all expenses as negative numbers . The projected interest expense for 2014 is million (Round to the nearest million dollars.) Complete the table below. Note: Use a minus sign for numbers to be subtracted. (Round to the nearest million dollars.) GA $ Starbucks Abbreviated Income Statements for the Years Ending September 30, 2011-2014 (s in Millions) Account 9/30/2011 9/30/2012 9/30/2013 9/30/2014 Sales $ 11.662 $ 13,259 $ 14,790 $ Cost of goods sold -4,871 $ -5,811 $ - 6.220 $ Selling, general, and administrative expenses -4,887|$ -5,289 $ -8.742 $ EBIT 1,904 $ 2,159 $ -172 $ -35$ -59 $ -56] $ Interest expense -692|$ Taxes 84 $ -777|$ 1,177 $ Net income -144 $ 1,323 $ $ $ $ $ Starbucks Abbreviated Income Statements for the Years Ending September 30, 2011- 2014 FA 25 (s in Millions) Account 9/30/2011 9/30/2012 9/30/2013 9/30/2014 Sales $ 11,662 $ 13,259 $ 14,790 $ -4,871$ -5,811$ -6,220 Cost of goods sold Selling, general, and administrative expenses $ $ -4,887 $ -5,289 $ -8,742 EBIT $ 1,904$ 2,159 $ -172 Interest expense $ -35$ -59$ -56 Taxes GA -692 $ 84 -777|$ Net income $ 1,177 $ 1,323 $ -144 Right click on the table and select Copy to clipboard and then right-click the highlighted texts in the popup dialogue box