help this is due in 15

Use the table for the question(s) below Pro Forma Income Statement for Ewing, Inc., 2005-2010 based on the firm's estimation in year 2004 is as below Year 2005 2006 2007 2008 2009 2010 Income Statement (S 000) 1 Sales 2 Cost of Goods Sold 75,000 88,358 103,234 119,777 138,149 158,526 Raw Materials 4 Direct Labor Costs 5 Gross Profit 6 Sales and Marketin 7 Administrative 8 EBITDA 9 Depreciation 10 EBIT 11 Interest Ex 12 Pre-tax Income 18,665) (21593 (24,808) (28,333) (32,193 18, 21,622) (25,757) (30471) (35,834) 41,925) 1,000 48,07 55,883 64498 73,982 84,407 (18,582) (23,356) (27,630) (31,705 7,959) (20,608) 16,250 20,238 21,816 24,373 28,393 32,094 13, 3,254) (15,485) (16, (5405) (6865) 0,750 14,788 16,411 7.508 20,715 24,383 8160 0,675 7988 9611 10,08 12,895 16,223 75 6800 820 13 Income Tax1 14 Net Income 5678) 69395193 6247 6960 8382 10,545 3736 364 48 With the proper changes it is believed that Ewing's credit policies will allow for an account receivables days of 60 (i.e. DSO 60). The forecasted accounts receivable for Ewing in 2007 is closest to: O $22,710 O $19,690o O $%16,970 O $14,525 O $88,358 Use the table in the previous question for the following question. If Ewing can reduce DSO to 50 in 2009, what is the change in the level of net income due to this change in DSO? O-$2.460 $3,785 O $2.460 O-$3,785