Nedcor Ltd is analysing a proposed project with the following income and costs characteristics. The depreciation expense amounts to R20 000. There will be no salvage value. The tax rate is 28%. BASE CASE LOWER BOUND UPPER BOUND Unit sales 20 000 10 000 25 000 Selling Price per unit R20.00 R15.00 R30.00 Variable cost per unit R12.00 R10.00 R18.00 Fixed costs R50 000 R30 000 R60 000 4.1 Complete the following pro forma statement of profit/loss (income statement) for Nedcor Ltd. [7] BASE CASE WORST CASE BEST CASE Sales R 400 000 a) h) Variable Costs R 240 000 b) i) Fixed Costs R 50 000 c) j) Depreciation R 20 000 d) k) PBIT R 90 000 e) l) Tax @ 28% R 25 200 f) m) NPAT R 64 800 g) n) 4.2 Calculate the operating cash flow (OCF) for both the worst and best cases. Provide your final answer only [3] 4.2.1 Worst Case (1 ) 4.2.2 Best Case (1 ) 4.3 Calculate the degree of operating leverage (DOL) for the best-case scenario. Provide your final answer only [1] 4.3.1 Best Case (1)