Noah's Ark Video Games expects sales to grow by 25% next year. Assume that it pays out 95% of its net income. Using the following statements and the percent of sales method forecast Pretax Income: Income Statement Year 0 Sales Costs Except Depreciation EBITDA Depreciation EBIT 320,000 (150,000) 170,000 (15,000) 155,000 (3,000) 152,000 (53,200) 98,800 Interest Expense (net) Pretax Income Income Tax Net Income Balance Sheet Year o Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant and Equipment Total Assets 25,000 12,000 5,000 42,000 120,000 162,000 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity 45,000 48,000 93,000 69,000 162,000 152.000 O 150,000 194.750 190.750