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complete the spreadsheet with calculations and explanations. and possible questions INCOME STATEMENT begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} hline & & & 20213 & & 2022e & & 2023e &
complete the spreadsheet with calculations and explanations. and possible questions
INCOME STATEMENT \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline & & & 20213 & & 2022e & & 2023e & & 2024e \\ \hline Sales & & $2 & 2,311.00 & $2 & 2,542.10 & $2 & 2,796.31 & $2 & 2,936.13 \\ \hline Cost of goods sold & & $1 & 1,344.00 & $1 & 1,478.40 & $1 & 1,626.24 & $1 & 1,849.76 \\ \hline Depreciation & & $ & 276.00 & $ & 276.00 & $ & 276.00 & s & 276.00 \\ \hline Earnings before interest and taxes & & $ & 691.00 & $ & 787.70 & $ & 894.07 & $ & 810.37 \\ \hline interest paid & & $ & 141.00 & $ & 52.24 & $ & 51.52 & $ & 60.84 \\ \hline Taxable income & & $ & 550.00 & $ & 735.46 & $ & 842.55 & $ & 749.53 \\ \hline Taxes (21\%) & & $ & 116,00 & $ & 154.45 & $ & 176.94 & $ & 157.40 \\ \hline Net income & & $ & 435.00 & $ & 581.01 & $ & 665.61 & $ & 592.13 \\ \hline Oividends & & & $145.00 & & $193.67 & $ & 221.87 & $ & $197,38 \\ \hline Addition to refained earnings & & & $290.00 & & $387.34 & s & 443.74 & & $394.75 \\ \hline \end{tabular} INCOME STATEMENT \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline & & & 20213 & & 2022e & & 2023e & & 2024e \\ \hline Sales & & $2 & 2,311.00 & $2 & 2,542.10 & $2 & 2,796.31 & $2 & 2,936.13 \\ \hline Cost of goods sold & & $1 & 1,344.00 & $1 & 1,478.40 & $1 & 1,626.24 & $1 & 1,849.76 \\ \hline Depreciation & & $ & 276.00 & $ & 276.00 & $ & 276.00 & s & 276.00 \\ \hline Earnings before interest and taxes & & $ & 691.00 & $ & 787.70 & $ & 894.07 & $ & 810.37 \\ \hline interest paid & & $ & 141.00 & $ & 52.24 & $ & 51.52 & $ & 60.84 \\ \hline Taxable income & & $ & 550.00 & $ & 735.46 & $ & 842.55 & $ & 749.53 \\ \hline Taxes (21\%) & & $ & 116,00 & $ & 154.45 & $ & 176.94 & $ & 157.40 \\ \hline Net income & & $ & 435.00 & $ & 581.01 & $ & 665.61 & $ & 592.13 \\ \hline Oividends & & & $145.00 & & $193.67 & $ & 221.87 & $ & $197,38 \\ \hline Addition to refained earnings & & & $290.00 & & $387.34 & s & 443.74 & & $394.75 \\ \hline \end{tabular} Step by Step Solution
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