It$$s STILL January $1,2023,$ and you$$ll be going on Shark Tank in $2$ weeks. You are unhappy with your previous Sal $20202021202220232024202520262027$

Sales $($all on credit$)1,200,0001,500,0001,875,0005,625,0007,031,2508,789,06310,986,32813,732,910$

Cost of Goods Sold $(800,000)(1,040,000)(1,105,000)3,093,7503,867,1884,833,9846,042,4807,553,101$

Gross Profit $400,000460,000770,0008,718,75010,898,43813,623,04717,028,80921,286,011$

Selling and Administrative Expense $(224,900)(270,500)(363,700)$

Rent Expense $(15,000)(15,000)(15,000)$

Depreciation Expense $(65,000)(76,500)(139,000)$

Operating profit $($EBIT$)95,10098,000252,300$

Interest expense $(35,000)(45,000)(85,000)$

Net Income before Taxes $60,10053,000167,300$

Taxes $(36,900)(49,200)(55,600)$

Net Income $23,2003,800111,700$

Shares $60,00060,00078,000$

Earnings per Share $$0\mathrm{.}39$ $$0\mathrm{.}26$ $$2\mathrm{.}38$es Forecast $($Milestone $1)$ because using your current level of sales to