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Can someone help me with Part 7 of Managerial Accounting's I See the Light? The last screenshot are the questions. I See The Light Projected

Can someone help me with Part 7 of Managerial Accounting's "I See the Light"?

The last screenshot are the questions.

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I See The Light Projected Income Statement For the Period Ending December 31, 20x1 $ 1,125,000.00 750,000.00 $ 375,000.00 Sales 25,000 lamps @ $45.00 Cost of Goods Sold @ $30.00 Gross Profit Selling Expenses: Fixed Variable (Commission per unit) @ $3.00 Administrative Expenses: Fixed Variable @ $2.00 Total Selling and Administrative Expenses: Net Profit $ 23,000.00 75,000.00 $ 98,000.00 $ 42,000.00 50,000.00 92,000.00 190,000.00 185.000.00 I See The Light Projected Balance Sheet As of December 31, 20x1 $ 34,710.00 67,500.00 Current Assets Cash Accounts Receivable Inventory Raw Material Lamp Kits Work in Process Finished Goods Total Current Assets 8,000.00 500 @ $16.00 0 3000 @ $30.00 90,000.00 200,210.00 $ $ Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets 20,000.00 6,800.00 13,200.00 213,410.00 $ 54,000.00 54,000.00 Current Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock Retained Earnings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $ 12,000.00 147,410.00 159,410.00 213,410.00 $ Present Value of Annuity $1.00 in Arrears 1 2 3 Interest Periods Interest Periods 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Rate 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 6.5% 7.0% 7.5% 8.0% 8.5% 9.0% 9.5% 10.0% 10.5% 11.0% 11.5% 12.0% 12.5% 13.0% 13.5% 14.0% 14.5% 15.0% 15.5% 16.0% 16.5% 17.0% 17.5% 18.0% 18.5% 19.0% 19.5% 20.0% 20.5% 21.0% 21.5% 3 2.884 2.856 2.829 2.802 2.775 2.749 2.723 2.698 2.673 2.648 2.624 2.601 2.577 2.554 2.531 2.509 2.487 2.465 2.444 2.423 2.402 2.381 2.361 2.341 2.322 2.302 2.283 2.264 2.246 2.228 2.210 2.192 2.174 2.157 2.140 2.123 2.106 2.090 2.074 2.058 4 3.808 3.762 3.717 3.673 3.630 3.588 3.546 3.505 3.465 3.426 3.387 3.349 3.312 3.276 3.240 3.204 3.170 3.136 3.102 3.070 3.037 3.006 2.974 2.944 2.914 2.884 2.855 2.826 2.798 2.770 2.743 2.716 2.690 2.664 2.639 2.613 2.589 2.564 2.540 2.517 5 4.713 4.646 4.580 4.515 4.452 4.390 4.329 4.270 4.212 4.156 4.100 4.046 3.993 3.941 3.890 3.840 3.791 3.743 3.696 3.650 3.605 3.561 3.517 3.475 3.433 3.392 3.352 3.313 3.274 3.236 3.199 3.163 3.127 3.092 3.058 3.024 2.991 2.958 2.926 2.895 6 5.601 5.508 5.417 5.329 5.242 5.158 5.076 4.996 4.917 4.841 4.767 4.694 4.623 4.554 4.486 4.420 4.355 4.292 4.231 4.170 4.111 4.054 3.998 3.943 3.889 3.836 3.784 3.734 3.685 3.636 3.589 3.543 3.498 3.453 3.410 3.367 3.326 3.285 3.245 3.205 Rate 50.5% 51.0% 51.5% 52.0% 52.5% 53.0% 53.5% 54.0% 54.5% 55.0% 55.5% 56.0% 56.5% 57.0% 57.5% 58.0% 58.5% 59.0% 59.5% 60.0% 60.5% 61.0% 61.5% 62.0% 62.5% 63.0% 63.5% 64.0% 64.5% 65.0% 65.5% 66.0% 66.5% 67.0% 67.5% 68.0% 68.5% 69.0% 69.5% 70.0% 3 1.399 1.391 1.383 1.375 1.368 1.360 1.352 1.345 1.337 1.330 1.323 1.315 1.308 1.301 1.294 1.287 1.280 1.273 1.266 1.260 1.253 1.247 1.240 1.234 1.227 1.221 1.214 1.208 1.202 1.196 1.190 1.184 1.178 1.172 1.166 1.160 1.155 1.149 1.143 1.138 4 1.594 1.584 1.573 1.563 1.553 1.542 1.532 1.523 1.513 1.503 1.494 1.484 1.475 1.466 1.457 1.447 1.439 1.430 1.421 1.412 1.404 1.395 1.387 1.379 1.371 1.362 1.354 1.347 1.339 1.331 1.323 1.316 1.308 1.301 1.293 1.286 1.279 1.272 1.265 1.258 5 1.724 1.711 1.698 1.686 1.674 1.662 1.650 1.638 1.626 1.615 1.604 1.592 1.581 1.570 1.560 1.549 1.539 1.528 1.518 1.508 1.498 1.488 1.478 1.468 1.459 1.449 1.440 1.431 1.422 1.413 1.404 1.395 1.386 1.378 1.369 1.361 1.352 1.344 1.336 1.328 6 1.810 1.795 1.781 1.767 1.753 1.740 1.726 1.713 1.700 1.687 1.674 1.662 1.649 1.637 1.625 1.613 1.602 1.590 1.579 1.567 1.556 1.545 1.534 1.524 1.513 1.503 1.492 1.482 1.47 1.462 1.452 1.443 1.433 1.424 1.414 1.405 1.396 1.387 1.378 1.369 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 22.0% 22.5% 23.0% 23.5% 24.0% 24.5% 25.0% 25.5% 26.0% 26.5% 27.0% 27.5% 28.0% 28.5% 29.0% 29.5% 30.0% 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 31.0% 31.5% 32.0% 32.5% 33.0% 33.5% 34.0% 34.5% 35.0% 35.5% 36.0% 36.5% 37.0% 37.5% 38.0% 38.5% 39.0% 39.5% 40.0% 40.5% 41.0% 41.5% 42.0% 42.5% 43.0% 43.5% 44.0% 2.042 2.027 2.011 1996 1981 1.967 1.952 1938 1923 1.909 1.896 1.882 1.868 1.855 1.842 1.829 1.816 1.803 1.791 1779 1766 1.754 1.742 1730 1.719 1.707 1.696 1.685 1.673 1.662 1.652 1.641 1.630 1.620 1.609 1.599 1.589 1.579 1.569 1.559 1.549 1.540 1.530 1.521 1.512 2.494 2.471 2.448 2.426 2.404 2.383 2.362 2.341 2.320 2.300 2.280 2.260 2.241 2.222 2.203 2.185 2.166 2.148 2.130 2.113 2.096 2.079 2.062 2.045 2.029 2.013 1.997 1981 1.966 1.951 1.935 1.921 1.906 1.892 1.877 1.863 1.849 1.836 1.822 1.809 1.795 1.782 1.769 1757 1744 2.864 2.833 2.803 2.774 2.745 2.717 2.689 2.662 2.635 2.609 2.583 2.557 2.532 2.507 2.483 2.459 2.436 2.412 2.390 2.367 2.345 2.324 2.302 2.281 2.260 2.240 2.220 2.200 2.181 2.162 2.143 2.124 2.106 2.088 2.070 2.052 2.035 2.018 2.001 1985 1.969 1.953 1937 1.921 1.906 3.167 3.129 3.092 3.056 3.020 2.986 2.951 2.918 2.885 2.853 2.821 2.790 2.759 2.729 2.700 2.671 2.643 2.615 2.588 2.561 2.534 2.508 2.483 2.458 2.433 2.409 2.385 2.362 2.339 2.316 2.294 2.272 2.251 2.229 2.209 2.188 2.168 2.148 2.129 2.109 2.091 2.072 2.054 2.036 2.018 70.5% 71.0% 71.5% 72.0% 72.5% 73.0% 73.5% 74.0% 74.5% 75.0% 75.5% 76.0% 76.5% 77.0% 77.5% 78.0% 78.5% 79.09 79.5% 80.0% 80.5% 81.0% 81.5% 82.0% 82.5% 83.0% 83.5% 84.0% 84.5% 85.0% 85.5% 86.0% 86.5% 87.0% 87.5% 88.0% 88.5% 89.0% 89.5% 90.0% 90.5% 91.0% 91.5% 92.0% 92.5% 1.132 1.127 1.121 1.116 1.111 1.105 1.100 1.095 1.090 1.085 1.079 1.074 1.069 1.064 1.060 1.055 1.050 1.045 1.040 1.036 1.031 1.026 1.022 1.017 1.013 1.008 1.004 0.999 0.995 0.991 0.986 0.982 0.978 0.974 0.969 0.965 0.961 0.957 0.953 0.949 0.945 0.941 0.937 0.933 0.930 1.251 1.244 1.237 1.230 1.224 1.217 1.210 1.204 1.198 1.191 1.185 1.179 1.172 1.166 1.160 1.154 1.148 1.143 1.137 1.131 1.125 1.120 1.114 1.108 1.103 1.097 1.092 1.087 1.081 1.076 1.071 1.066 1.061 1.055 1.050 1.045 1.040 1.036 1.031 1.026 1.021 1.016 1.012 1.007 1.002 1.320 1.312 1304 1.297 1.289 1.281 1.274 1.267 1.259 1.252 1.245 1.238 1.231 1.224 1.217 1.210 1.204 1.19 1.190 1.184 1.177 1.171 1.165 1.158 1.152 1.146 1.140 1.134 1.128 1.122 1.116 1.111 1.105 1.099 1.094 1.088 1.082 1077 1.072 1.066 1.061 1.056 1.050 1.045 1.0401 1.361 1.352 1.344 1.335 1.327 1.319 1.311 1.303 1.295 1.287 1.279 1.272 1.264 1256 1.249 1.242 1.235 1.227 1.220 1.213 1206 1.199 1.193 1.186 1.179 1.173 1.166 1.160 1.153 1.147 1.141 1.135 1.129 1.123 1.117 1.111 1.105 1.099 1.093 1.087 1.082 1.076 1.071 1.065 1.060 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 44.5% 45.0% 45.5% 46.0% 46.5% 47.0% 47.5% 48.0% 48.5% 49.0% 49.5% 50.0% 1.502 1.493 1.484 1.475 1.467 1.458 1.449 1.441 1.432 1.424 1.416 1.407 1.732 1.720 1.707 1.695 1.684 1.672 1.660 1.649 1.638 1.627 1.616 1.605 1.890 1.876 1.861 1.846 1.832 1.818 1.804 1.790 1.776 1.763 1.750 1.737 2.000 1.983 1.966 1.949 1.933 1.917 1.901 1.885 1.870 1.854 1.839 1.824 93.0% 93.5% 94.0% 94.5% 95.0% 95.5% 96.0% 96.5% 97.0% 97.5% 98.0% 98.5% 99.0% 99.5% 100.0% 0.926 0.922 0.918 0.914 0.911 0.907 0.903 0.900 0.896 0.893 0.889 0.885 0.882 0.878 0.875 0.998 0.993 0.989 0.984 0.980 0.975 0.971 0.967 0.962 0.958 0.954 0.950 0.946 0.942 0.938 1.035 1.030 1.025 1.020 1.015 1.010 1.006 1.001 0.996 0.992 0.987 0.982 0.978 0.973 0.969 1.054 1.049 1.044 1.039 1.033 1.028 1.023 1.018 1.013 1.008 1.003 0.999 0.994 0.989 0.984 If off the chart use 100% PART 7 Capital Decision Making Big Al gives his worker's a one hour lunch and two fifteen minute breaks each day. He believes that a cold soda machine would be appreciated by his workers, and an appreciated worker is a good worker. He has priced a machine at a national member only warehouse for $2,000. The machine should be usable for 3 years, after which it would be inefficient, obsolete and would have to be disposed of at the dump. Big Al believes that 8 cans a day will be purchased. The plant is open five days a week, 50 weeks per year. A case of soda (24 cans) costs $5.52 and Big Al believes that a price of $.80 per can would win him good will. What is the estimated annual sales in cans of soda? {17.01) What is the contribution margin per can of soda? (rounded to two places, $#.##) {17.02) How many cans of soda must be sold each year to breakeven? (Round up to zero places, ### ### cans) {17.03) Annual incremental cash inflows from the soda machine? (rounded to two places, $#.##) {17.04) What is the payback period in years? (rounded to two places, #.## years) {17.05) If the time value of money is 12% per year what is the net present value? Use the tables on page 18. {17.06) What is the internal rate of return. Pick the closest interest rate from the tables on page 18. {17.07)

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