Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet.

Income Statement			Balance Sheet
Sales	$207,690		Assets
Costs Except Depreciation	(100,580)		Cash and Equivalents	$14,980
EBITDA	$107,110		Accounts Receivable	2,020
Depreciation	(6,080)		Inventories	4,020
EBIT	$101,030		Total Current Assets	$21,020
Interest Expense (net)	(540)		Property, Plant, and Equipment	10,020
Pre-tax Income	$100,490		Total Assets	$31,040
Income Tax	(35,172)
Net Income	$65,318		Liabilities and Equity
			Accounts Payable	$1,560
			Debt	4,020
			Total Liabilities	$5,580
			Stockholders' Equity	25,460
			Total Liabilities and Equity	$31,040

Jim's Espresso expects sales to grow by 10.4% next year. Assume that Jim's pays out 87.9% of its net income. Use the following statements

and the percent of sales method to forecast:

a. Stockholders' equity

b. Accounts payable

Question content area bottom

Part 1

a. Stockholders' equity

The new stockholders' equity will be

$3419034190 (Round to the nearest dollar.) This ANSWER IS WRONG!