Blue Hamster Manufacturing Inc.'s income statement reports data for its first year of operation. The firm's CEo would like sales to increase by 25% next 1. Blue Hamster is able to achieve this level of increased sales, but its interest costs increase from 10% to 15% of eamings before interest and taxes (EBIT). 2. The company's operating costs (excluding depreciation and amortization) remain at 7s% of net sales, and its depreciation and amortization expenses remain constant from year to year. 3. The company's tax rate remains constant at 40s of its pre-tax income or earnings before taxes (EBT). 4. In Year 2, Blue Hamster expects to pay $150,000 and s1,042,313 of preferred and common stock dividends, respectively, Complete the Year 2 income statement data for Blue Hamster, then answer the questions that follow. Be sure to round each dollar value to the nearest whole dollar. Blue Hamster Manufacturing Inc. Income Statement for Year Ending December 31 Year 2 Year 1 (Forecasted) $30,000,000 Net sales Less: Operating costs, except depreciation and amortization 22,500,000 1,200,000 Less: Depreaation and amortization expenses $6,300,000 Operating income (or EBIT) Less: Interest expense 5,670,000 Pre-tax income (or EBT) Less: Taxes (40%) 3,402,000 Earnings after taxes Less: Preferred stock dividends 150,000 Earnings available to cammon shareholders Less: Common stock dividends $2,401,500 $2,976,937 Contribution to retained earnings