Jim's Espresso expects sales to grow by 9.8% 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. Balance Sheet Assets Cash and Equivalents Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT $194,130 (99,030) $95,100 (6,080) $89,020 (240) $88,780 (31,073) $57,707 Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets $15,100 2,090 4,070 $21,260 9,920 $31,180 Interest Expense (net) Pre-tax Income Income Tax Net Income Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,430 3,950 $5,380 25,800 $31,180