AlQuds sales company is interested I developing a financial planning model.it intends to begin with a very simple over all model and then progress to a more detailed and complex version. Upon analyzing the basic financial trends and relationships they discovered the following: Sales have increased by about 10% each year for the past several years The contribution margin percentage has remained rather constant at 30% Fixed expenses (selling , Administrative, and financial) o 20% of sales for the first 6 months of current year o Administrative expenses remained constant o Financial expenses averaged 15% of outstanding debt Taxes have averaged at18%of net profit before tax Required: A) Construct a financial planning model that generates the expected sales , contribution margin, total expenses, net profit after tax for a standard planning period (the coming year) B) If current year information is as follows Actual sales for the first six months $1,000,000 Estimated sales second six months 900,000 Administrative expenses 217,000 Average outstanding debt 800,000 Uses your model to calculate the expected sales, contribution margin, total expenses, and net profit after tax