A game of UNCENSOILED sketch GAME RULE Financial Statement Company A projects $16 million in EBITDA on $80 million of revenue for the fiscal year ended 2001. SG&A is budgeted at $5 million, depreciation is expected to be $2 million and per the new FASB rules, the company will cease amortizing goodwill. The Company anticipates S4 million of interest expense and pay taxes at a 40% rate. Capital expenditures are expected to total $3 million. Debt covenants prohibit the payment of dividends. Information regarding the budgeted ending balance sheet accounts is as follows: Accounts receivable 58.illion, Inventory $5 million, A/P $6 million. Using the information provided, please complete the financial statements on the attached sheet. Income Setement: PROJECTED 2001 Balance Sheet PROIECTED 12/31/01 Cash Flow Statement 121.00 PROJECTED 2001 Sales COGS Gross Profit SERA ERIT Interest Expense Pretax Taxes Net Income Assets Cash Accounts Receivable Inventory Goodwill 51 7 6 Operating Activities Net Income Depreciation Amortization Change in Working Capital Total PE 5300 Libilities & Stockholders' Equity Accounts Payable Debe Cockholders' Equity Total EBITDA Investing and Financing Activities Capital Expenditures Borrowings / Repayment Total 55 45 16 Beginning of year End of your