Kappa Company has a projected balance sheet showing assets of $750,000 at the end of the year. It has an objective of realizing return on assets of 12 percent. How much in net income should it target for the year in projecting its income statement? 1) $100,000 2) $90,000 3) $75,000 4) $112,600 Question 68 (1 point) 40 Listen Xi Company is preparing its sales projections for 2022 and anticipates it will have a difficult year because of competitive pressure. Its sales last year were $520,000, and it is hearing from industry sources that because of supply chain issues, the entire industry should be prepared for a 3 percent dip in sales. What should it project for 2022 given this information