Global Corp expects sales to grow by 9% next year. Assume that Global pays out 50% of its net income. Using the percent of sales method and the data provided in the flowing statements forecast stockholders' equity The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the retum of standard depreciation practices during your career The forecasted stockholders' equity will be $million. (Round to two decimal places.)