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How would you solve for sales to get to Net Income? I have seen the same problem solved on chegg but it's not clarified and

How would you solve for sales to get to Net Income? I have seen the same problem solved on chegg but it's not clarified and I wanted to get a clearer understanding of how we get the answer. image text in transcribed
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Target net income of $5 million wanted. Tax rate is 35%. Interest expense is $1.5 million in Depreciation $2 mil w Operating costs 45% of sales What Sale > level necessary to achieve I that boss wants? Sales Less Int exe 1,509000 Depreciation 2,000,000 45X Operating costs Income beton Income taxe) Less Tax 35% Net Income 5,000,000

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