I have had to people look at this problem and the answers have been incorrect this is the last attempt I have. Please Help with my Acc hmwrk.

Forecasting and Trends The Income statement and balance sheet for Camelot Inc. are provided here. Note that firm's capital expenditures are expected to rise by $50,000 in the new year. This will lead to an increase of $5,000 in accumulated depreciation. Sales next year should be $4.3M 1. Using percentage of sales analysis techniques prepare a pro forma income statement and balance sheet for the next year. 2. Create a chart of sales by year for all years, including your pro forma estimate. 3. Add a trend line. 4. Create a scatter plot of sales vs. cogs. Add a trend line. 5. Regress COGS against sales . 6. Using your sales trendline and annual sales data forecast the sales level in the next 3 years (3 years after the year with 4.3M in sales). Forecast using the trend line as well as at least one of the following: trend, linest, regression. Camelot Inc Income Statement For the Year Ended Dec. 31, 2009 2009 2008 Sales $ 3,850,000 $ 3,432,000 Cost of Goods Sold $ 3,250,000 $ 2,864,000 Gross Profit $ 600,000 $ 568,000 Selling and G&A Expenses $ 330,300 $ 240,000 Fixed Expenses $ 100,000 $ 100,000 Depreciation Expense $ 20,000 $ 18,900 EBIT $ 149,700 $ 209,100 Interest Expense $ 76,000 $ 62,500 Earnings Before Taxes $ 73,700 $ 146,600 Taxes $ 29,480 $ 58,640 Net Income $ 44,220 $ 87,960 Notes: Tax Rate Sales history 2005 2006 2007 2008 2009 40% Revenue $ 1,890,532 $ 2,098,490 $ 2,350,308 $ 3,432,000 $ 3,850,000 COGS $ 1,570,200 $ 1,695,694 $ 1,992,400 $ 2,864,000 $ 3,250,000 The Income statement and balance sheet for firm's capital expenditures are expected to ris will lead to an increase of $5,000 in accumul should be $4.3M 1. Using percentage of sales analysis techniq statement and balance sheet. 2. Create a chart of sales by year, including y 3. Add a trend line. 4. Create a scatter plot of sales vs. cogs. Ad 5. Regress COGS against sales . 6. Using your sales trendline and annual sale next 3 years (3 years after the year with 4.3M line as well as at least one of the following: t balance sheet for xxx are provided here. Note that are expected to rise by $50,000 in the new year. This $5,000 in accumulated depreciation. Sales next year es analysis techniques prepare a pro forma income et. y year, including your pro forma estimate. sales vs. cogs. Add a trend line. sales . ne and annual sales data forecast the sales level in the the year with 4.3M in sales). Forecast using the trend of the following: trend, linest, regression. Camelot Inc Balance Sheet As of Dec. 31, 2009 Assets Cash and Equivalents Accounts Receivable Inventory Total Current Assets Plant & Equipment Accumulated Depreciation Net Fixed Assets Total Assets Liabilities and Owner's Equity Accounts Payable Short-term Notes Payable Other Current Liabilities Total Current Liabilities Long-term Debt Total Liabilities Common Stock Retained Earnings Total Shareholder's Equity Total Liabilities and Owner's Equity $ $ $ $ $ $ 2009 52,000 402,000 836,000 1,290,000 527,000 166,200 $ $ $ $ $ $ 2008 57,600 351,200 715,200 1,124,000 491,000 146,200 $ 360,800 $ 344,800 $ 1,650,800 $ 1,468,800 $ $ $ $ $ $ $ $ $ $ 175,200 225,000 140,000 540,200 424,612 964,812 460,000 225,988 685,988 1,650,800 145,600 200,000 136,000 481,600 323,432 805,032 460,000 203,768 663,768 1,468,800 $ $ $ $ $ $ $ $ $ $ Camelot Inc Statement of Cash Flows For the Year Ended Dec. 31, 2009 ($ in 000's) Cash Flows from Operations Net Income $ 44,220 Depreciation Expense $ 20,000 Change in Accounts Receivable $ (50,800) Change in Inventories $ (120,800) Change in Accounts Payable $ 29,600 Change in Other Current Liabilities $ 4,000 Total Cash Flows from Operations $ Cash Flows from Investing Change in Plant & Equipment $ (36,000) Total Cash Flows from Investing $ Cash Flows from Financing Change in Short-term Notes Payable $ 25,000 Change in Long-term Debt $ 101,180 Change in Common Stock $ Cash Dividends Paid to Shareholders $ (22,000) Total Cash Flows from Financing $ Net Change in Cash Balance $ (73,780) (36,000) 104,180 (5,600)