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Jim's Espresso expects sales to grow by 10.0% next year. Using the following statements and the percent of sales method, forecast: a. Costs b. Depreciation

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Jim's Espresso expects sales to grow by 10.0% next year. Using the following statements and the percent of sales method, forecast: a. Costs b. Depreciation c. Net Income d. Cash e. Accounts receivable f. Inventory g. Property, plant, and equipment (Note: Make sure to round all intermediate calculations to at least five decimal places.) The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. a. Costs The forecasted costs will be $ (Round to the nearest dollar and enter all numbers as positive.) b. Depreciation The forecasted depreciation will be $ (Round to the nearest dollar and enter all numbers as positive.) c. Net Income The forecasted net income will be $ (Round to the nearest dollar) d. Cash The forecasted cash will be $ (Round to the nearest dollar.) e. Accounts receivable The forecasted accounts receivable will be $ (Round to the nearest dollar.) f. Inventory The forecasted inventory will be $ (Round to the nearest dollar) g. Property, plant, and equipment The forecasted property, plant, and equipment will be $ (Round to the nearest dollar) a. Las The forecasted cash will be $ (Round to the nearest dollar.) e. Accounts receivable Data Table The forecasted account f. Inventory Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet The forecasted invento Balance Sheet g. Property, plant, and Assets The forecasted property Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT $200,000 (100,000) $100,000 (6,000) $94,000 (400) $93,600 (23,400) $70,200 Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $15,000 2,000 4,000 $21,000 10,000 $31,000 Interest Expense (net) Pre-tax Income Income Tax Net Income Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,500 4,000 $5,500 25,500 $31,000 Print Done

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