Cute Camel is able to achieve this level of increased sales, but its interest costs increase from $10\%$ to $15\%$ of earnings before interest and taxes $($EBIT$).$

The company's operating costs $($excluding depreciation and amortization$)$ remain at $70\mathrm{.}00\%$ of net sales, and its depreciation and amortization expenses remain constant from year to year.

The company's tax rate remains constant at $40\%$ of its pre$-$tax income or earnings before taxes $($EBT$).$

In Year $2,$ Cute Camel expects to pay $$300,000$ and $$2,306,475$ of preferred and common stock dividends, respectively.

Complete the Year $2$ income statement data for Cute Camel, then answer the questions that follow. Round each dollar value to the nearest whole dollar.

Cute Camel Woodcraft Company

Income Statement

Years Ending December $31$

$\backslash$table$[[,$Year $2($Forecasted$),$Year $1],[$Net sales,$$,$$$30,000,000$