Comparative income statements for Alpha Company are shown below (S millions) Use the following ratios to prepare a projected income statement for Year 3. Income Statement Alpha Company Year 2 Year 1 Net Sales $20,0 92 $19,88 9 Cost of Goods Sold $6,04 4. $6,20 4 Gross Profit $14,0 48 $13,6 85 Selling general and Administrative expenses $7,893 $9,221 Depreciation and Amortization expense $803 $773 Interest Expense -$308 $292 Income before tax $5,66 0 $3,39 9 Income tax expense $1,691 $1,222 $3,96 Net Income $2,177 9 Outstanding shares 3491 3481 Ratios Sales Growth 1.02% Gross profit Margin 69.92% Selling General and Administratibe Exp/ Sales 39.28% Depreciation (Depreciation Exp/ Prior Year PPE gross 12.14% Interest (Interest/ Prior yepr Long Term Debt -5.45% Tax (Income Tax/ Pre-tax Income) 29.88% Year 2 Property Plant and Equipment = $ 7,105 Year 2 Long Term Debt - $ 1,219