AirMaddens, though highly profitable in the past, is facing steeply rising costs in raw materials. The company expects to have $100,000 in forecasted revenues for fiscal year 2021, but net income on those revenues will only be $13,000. Assets Cash $ 25,000 Accounts Receivables 6,000 Total Assets: $ 31,000 Liabilities Accounts Payable $ 6,000 Long-term Loan 20,000 Owner's Equity Capital Stock 5,000 Total Liabilities & Owner's Equity: $31,000 Core Business Expenses Per Unit Cost Machinery Depreciation Machinery Maintenance Salary Assembly Line A Salary - Supervisors $ 1.20 SSS 2.20 21.00 14.00 Salary- Admin Staff $ 2.00 Direct Materials $ 100.00 Rent - Office Space $ 5.00 Taxes - Warehouse 17.50 Marketing - Paper 22.00 Marketing - Digital $ 9.50 Insurance - Admin Staff $ 11.00 Utilities Office Space $ 0.45 Utilities - Factory $ 3.75 S 209.60 Unit demands are expected to increase for low costs manufacturers by approximately 2-5%, but decrease approximately 1- 3% for high end manufacturers.