DECT Inc. expects sales to increase by 5% (worst-case), 10% (most likely) or 15% (best-case) in 2017. Using the percent of sales method (and assuming that only COGS and SG&A increase with sales), project net income for the best case scenario. 2016 ($thousands) 1680 910.4 769.6 Sales $ COGS Gross Profits (EBITDA) Less Operating Expenses SG&A Depreciation Total Operating Expenses 389 79 468 EBIT Interest Expense EBT Taxes (40%) 301.6 25 276.6 110.6 166.0 Net Income (Answer in thousands, rounded to one decimal, but do not include the dollar sign)