Direction: Make a 4 year projected income statement of Mang Juan's Product. Complete the table below Cost of Sales at P85/pack Sales: P42.50 pesos/pack Quantity per month: average of 1500/month Marketing expenses: P 12, 975/month Operating expenses: P 14,030/month Year 1 - Year 2. Year 3 . Year 4- 2020 2021 2022 2023 Sales/bot. Quantity per Month Cost of Sales Marketing Expense/mo. Operating Expense/mo. Year 1 Year 2 Year 3 Year 4 Percent of Increase 10% 20% 30% Sales at P 85 per pack Less: Cost of sales at P42.50 Gross profit Less: Marketing Expenses Less: Operating Expenses Net Income Before Tax Less: Income Tax NET INCOME *How much money does Mang Juan's Product gain/loss from the first year to fourth year? *** TAKE NOTE WITH THE YEARS GIVEN. FOR YEAR 4 - 2023. USE THE 5TH ANG 6TH COLUMN OF THE ANNUAL TAX TABLE