Can you explain this strategy in year 9 (2 paragraphs) 2 we took 50,000!oan @4.5% interest to pay off 50,000 loan at 8.5 % this is to reduce our interest liability and improve our balance sheet Loans and buying back stock 1. 9 8 2. Notes to Income Statement Income Statement ($000) AC Camera Revenues UAV Drone Revenues Africa Pacific 62,800 302,752 Revenues listed here have been ad- 323,515 justed for promotional discounts and exchange rates. See the Market Seg- 73,933 93,121196,912 128,550 2,969 4 01,869 91,252122 9796 107,684626,267 ment Performance reports for detals Total Revenues Cost of Goods Sold 65.633 318.316 on promotional discount and ex- change rate adjustments to revenues. 62,791 17,530 35,865 81,017108,875 35,862 75,530 3,288 9,085 Other Income (Expense) will include 0,091 charitable contributions instructor- imposed fines (appearing as nega- 22,300 23,300 Marketing Costs Administrative Expenses 3,099 |- Operating Profit (Loss) 86,468 -7,603 tive), and instructor-awarded (appearing as positive) Interest Income (Expense) Year 9 $4.80 $5.02 $0.00 $3.00 in 'The incorme tax rate is 30%. If a net loss was recorded in Year 8, the loss 78,679s carried forward and may offset Profitability and PayoutYear 8 Earnings Per Share Dividends Per Share Pre-Tax Profit (Loss) Income Taxes 53.604 some or all taxable Year 9 25,075 Year 9 : | reduce the company's tax - Net Profit (Loss)