For Problems 8 to 11 , use the following income statement and balance sheet for the current period for Global Corp. and assume that sales are expected to grow by 8% for the next year and interest expense will remain constant. 8. Excel Solution Using the percent of sales method, forecast the following for Global Corp: a. Costs b. Depreciation c. Net income d. Cash e. Accounts receivable f. Inventory g. Property, plant, and equipment h. Accounts payable