hello, i copied this of a friend so i already have the answer. i struggle more with the theory part or concept part of this question. could you please explain step by step just the theory part of it.

Problem 1 The "boutique for women" is a new retailer opening on St. Catherine Street this summer. The owners would like a net income of $130,000 per year. They have hired you to forecast the financial information that would be required to generate this net income. Your research zenerated the fnllowing information on the retail industry in Montreal, Required: 1. Complete the Income statement in the followino tahle 5.Totalasset7:0=TAlatsSales+2.assutt=22,a0=1,30C.AST:A=F,A11,300,000528,000=780,000Tothldebt:=1,300,000970,000=4.80,000 Deft to asset TotalassetTotaldebt 3. What would be the average sales required per week to generate this net income? 130,000+52:$2500/ week 4. How much will the owners be expected to invest in the company? 8 to, 000 (cquity) 5. What can they expect to be the maximum that lenders will give them in their business? 430,000( dest)