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Direct $120.00 $88.00 $20.00 $410,000 profit needed to achieve an after-tax target of $300,000. 750 units 3. Prepare an income statement for Olivian Company for

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Direct $120.00 $88.00 $20.00 $410,000 profit needed to achieve an after-tax target of $300,000. 750 units 3. Prepare an income statement for Olivian Company for the coming year based on the number of units computed in Requirement 2. Do NOT round interim calculations and, if required, round your answer to the nearest dollar. Statement For the Coming Year Total Sales Total fixed ing 4. What if Olivian had a 35 percent tax rate? Would the units sold to reach a $300,000 target net income be higher or lower than the units calculated in Requirement 27 Calculate the number of units needed at the new tax rate. In your calculations, round before-tax income to the nearest dollar. Round your answer to the nearest whole unit. units

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