Forecast an Income Statement Following is the income statement for Medtronic PLC. Use the following assumptions to prepare a forecast of the company's income statement for FY2020. \begin{tabular}{|l|r|l|} \hline \multicolumn{2}{|c|}{ Assumptions } \\ \hline Net sales increase & 8% & growth \\ \hline Cost of products sold & 30.8% & of net sales \\ \hline Research and development expense & 7.6% & of net sales \\ \hline Selling, general, and administrative expense & 34.1% & of net sales \\ \hline Amortization of intangible assets & 5.8% & of net sales \\ \hline Restructuring charges, net & 75% & of 2019 restructuring expense \\ \hline Certain litigation charges, net & $113 & million \\ \hline Other operating expense, net & & No change in $ amount \\ \hline Other nonoperating income, net & & No change in $ amount \\ \hline Interest expense & & No change in $ amount \\ \hline Income tax provision & 15% & of pretax income \\ \hline Income attributable to noncontrolling interests & & No change in $ amount \\ \hline \end{tabular}