Directions: Assuming the following, show the impact on all three financial statements 1. The Company generates $1,000 in revenue, all of which is on account 2. The Company has a 65% gross margin 3. The Company has $250 in SG&A expense (not including Deprecation or Amortization) 4. The Company has $100 in Depreciation expense and no Amortization expense 5. The Company has $50 in interest expense 6. The Company's effective Tax Rate is 40%