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Displayed below is the 2018 Income Statement for Bearkat Enterprises (BKE). Sales Operating Costs EBITDA Depreciation Earnings Before Interest and Taxes (EBIT) Interest Earnings Before

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Displayed below is the 2018 Income Statement for Bearkat Enterprises (BKE). Sales Operating Costs EBITDA Depreciation Earnings Before Interest and Taxes (EBIT) Interest Earnings Before Taxes (EBT) Taxes Net Income Dividends Addition to Retained Earnings 2018 (in millions) $ $ 12.00 4.00 8.00 1.50 6.50 1.50 5,00 2.00 3.00 1.80 1.20 Projected 2019 (in millions) 6 points Calculate the values for the 2019 projected (proforma) income statement using the following assumptions ('ve provided the 2019 income statement framework to the right of 2010 income statoment values) 1) 2019 Sales are expected to increase by 25% over 2018 sales levels, 2) 2019 operating costs will be 20% of projected sales, 3) 2019 interest expense will increase by 30% over 2015 interest expense, and 4) the 2019 tax rate, depreciation amount, and the dividend payout ratio will remain the same as in 2018. Calculate the values for the 2019 projected (proforma) income statement using the following assumptions (I've provided the 2019 income statement framework to the right of 2018 income statement values) 1) 2019 Sales are expected to increase by 25% over 2018 sales levels, 2) 2019 operating costs will be 20% of projected sales, 3) 2019 interest expense will increase by 30% over 2018 interest expense, and 4) the 2019 tax rate, depreciation amount, and the dividend payout ratio will remain the same as in 2018. Enter your answers as numbers with 3 decimal places of precision (e. 1.234) Keep in values in millions. Enter the values for 2019 Projected sales Operating costs= Interest expense Tax expense Not income Dividends

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