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From Following Historical data of 2019 of Firm, Calculate their Financial Forecast of 2020. HISTORICAL DATA of FIRM 2019 Revenues from Operations 2000 Other Income

From Following Historical data of 2019 of Firm, Calculate their Financial Forecast of 2020.

HISTORICAL DATA of FIRM 2019
Revenues from Operations 2000
Other Income 8
Total Income 2008
EXPENSES
Material expenses (Raw Material) 500
Employee benefit expenses 265
Finance Costs (Interest & others) 160
Depreciation and Amortisation 75
Other Expenses 90
Total Direct / Indirect Expenses 1090
Profit before Exceptional Item & Tax 154
Exceptional Tax 30
Profit before tax (EBIT) 726
Tax Expenses 217.8
PBT from Continuing operations 508.2
Other Comprehensive Income 10
Total Comprehensive Income for the year 518.2
Dividends 34
RETAINED EARNINGS 484.2

Also Calculate Dividends & Retained Earnings for 2020. Assume Tax rate at 30%. Assume New Sales to be 2500 for the year 2020.

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