Forecast the financial statements for Q9 Networks Inc. for Year 6 based on the Year 5 historic financial statements and the assumptions listed below. Then answer the questions that follow. 1 Sales growth = 20% 2. Cost of debt = 4% 3. Tax rate = 35% 4. Depreciation rate = 5% 5. CAPEX = $4,000,000 6. Accounts held constant: prepaid expenses, short-term debt, long-term debt, common stock 7. Cash is the plug account. 8. No dividends In the event that taxable income is negative, please calculate taxes in the usual way. Negative taxes can be thought of as a refund. On Welworks Income Statement d Baluch San As of December 31, Years son) Ratian Vaari our 2048 w PART 1 What is the depreciation expense in Year 6? $ PART 2 What is the interest expense in Year 6? PART 3 What is net PP&E in Year 6? PART 4 What are retained earnings for Year 6? $ PART 5 What is the total for the plug variable in Year 6? Forecast the financial statements for Q9 Networks Inc. for Year 6 based on the Year 5 historic financial statements and the assumptions listed below. Then answer the questions that follow. 1 Sales growth = 20% 2. Cost of debt = 4% 3. Tax rate = 35% 4. Depreciation rate = 5% 5. CAPEX = $4,000,000 6. Accounts held constant: prepaid expenses, short-term debt, long-term debt, common stock 7. Cash is the plug account. 8. No dividends In the event that taxable income is negative, please calculate taxes in the usual way. Negative taxes can be thought of as a refund. On Welworks Income Statement d Baluch San As of December 31, Years son) Ratian Vaari our 2048 w PART 1 What is the depreciation expense in Year 6? $ PART 2 What is the interest expense in Year 6? PART 3 What is net PP&E in Year 6? PART 4 What are retained earnings for Year 6? $ PART 5 What is the total for the plug variable in Year 6