MINICASE SoftTec Products Company The SoftTec Products Company is a successful, small, rapidly growing, closely held corporation. The equity owners are considering selling the firm to an outside buyer and want to estimate the value of the firm. Following is last year's income statement (2019) and projected income statements for the next four years (2020-2023). Sales are expected to grow at an annual 7 percent rate beginning in 2024 and continuing thereafter. ACTUAL PROJECTED INCOME STATEMENTS IS THOUSANDS) 2019 2020 2021 2022 2023 Net sales $150.0 $200.0 $250.0 $300.0 $350.0 Cost of goods sold -75.0