. Company A solis furniture through a North American distribution network . In 2020, the company sold 400.000 chairs at an average price of $150 per chair and gross margins of 30% and 100.000 tables at an average price of $300 per table and gross margins of 35% The company incurred SSM in seting expenses and $7M in general expenses Please prepare the following: An Income statement for 2020 (mais assumptions around aces, depreciation of where appropriate.) The income statement should ta minimum, include the following line nem Total revenue gross margins, total overhead, EBITDA, EBIT and net income Forecast the income statement for 2021 2022 and 2023 using the following assumptions: Char unt volume grows $ per year and pricing grows 2% while margins remain constant Table unit volume grows 10% per year, pricing remains stable and margins expand by 25bps per year Soling expenses grow at the same rate as total revenue and . General expenses grow at 5% per year. . Company A solis furniture through a North American distribution network . In 2020, the company sold 400.000 chairs at an average price of $150 per chair and gross margins of 30% and 100.000 tables at an average price of $300 per table and gross margins of 35% The company incurred SSM in seting expenses and $7M in general expenses Please prepare the following: An Income statement for 2020 (mais assumptions around aces, depreciation of where appropriate.) The income statement should ta minimum, include the following line nem Total revenue gross margins, total overhead, EBITDA, EBIT and net income Forecast the income statement for 2021 2022 and 2023 using the following assumptions: Char unt volume grows $ per year and pricing grows 2% while margins remain constant Table unit volume grows 10% per year, pricing remains stable and margins expand by 25bps per year Soling expenses grow at the same rate as total revenue and . General expenses grow at 5% per year