and the percent of Jim's Espresso expects sales to grow by 9.7% next year. Assume that Jim's pays out 89.1% of its net income. Use the following statements sales method to forecast: a. Stockholders' equity b. Accounts payable The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. a Stockholders' equity The new stockholders' equity will be 5 . Round to the nearest dollar.) b. Accounts payable The forecasted accounts payable will be $ (Round to the nearest dollar) Data Tablo Click on the icons located on the top-right corners of the data tablos below to copy their contents into a spreadsheet Balance Sheet Assets Income Statement Sales Costs Except Depreciation EBITDA Depreciation $193,460 (99,670) $93.790 16.020) $87.770 Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $15,050 1.960 3970 $20.580 10.000 EBIT Interest Expense (net) Pre-tax Income Income Tax Net Income (440) $87330 (30.566) $56.764 $31.070 $1.410 4.920 Liabilities and Equity Accounts Payable Deba Total Liabilities Stockholders' Equity Total Liabilities and Equity 55.430 25.640 $31.070 Print Done and the percent of Jim's Espresso expects sales to grow by 9.7% next year. Assume that Jim's pays out 89.1% of its net income. Use the following statements sales method to forecast: a. Stockholders' equity b. Accounts payable The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. a. Stockholders' equity The new stockholders' equity will be $ (Round to the nearest dollar.) b. Accounts payable The forecasted accounts payable will be $ (Round to the nearest dollar.) Data Table Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet. Income Statement Sales Costs Except Depreciation EBITDA Depreciation $15,050 Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $193,460 (99,670) $93,790 (6.020) $87.770 (440) $87,330 (30,566) $56.764 EBIT 1,960 3,970 $20,980 10,090 Interest Expense (net) $31,070 Pre-tax Income Income Tax Net Income Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,410 4,020 $5,430 25,640 $31,070 Print Done