Octaber Mr. Twister sold his goods for 20 (costs 10). November Mr. Twister was again succesfull in his business. He sold all his goods for 40 (costs 25). He decided to pay himself a salary of 10. At the end of the month he received an invoice to pay electricity (3) and insurance (2). Regarding receivable he made an sgreement with a debtor (fourth customer from October) not to pay the debt at once but to make the regular payments of 1 per month starting November. No interest will be paid at the moment. Make up the income statement for the first two months. December Net profit of Mr. Twister reached 20. We at the year end and Mr. Twister would like to know his net profit of the year. Net profit of the year must include alsa depreciation, interest expenses and tax. Degreciation Mr. Twister owns follawing assets a car - eatimated life of 5 vears an equipment - estimated life of 4 years straight line depreciation method will be used for all his IT assets. Interest Mr. Twister pays the bank loan quarterly, interest rate 10\% p.a. The bank loan conditions state that the regayment will be one year delayed. Tax rate is 20%. Calculate EBITDA, EBIT, FET and the net protit in the first year. October Mr. Twister sold his goods for 20 (costs 10). October + November Income statement November Mr. Twister was again succesfull in his business. He sold all his goods for 40 (costs 25). He decided to pay himself a salary of 10. At the end of the month he received an invoice to pay electricity (3) and insurance (2). Regarding receivable he made an agreement with a debtor (fourth customer from October) not to pay the debt at once but to make the regular payments of 1 per month starting November. No interest will be paid at the moment. Make up the income statement for the first two months. December Net profit of Mr. Twister reached 20. We at the year end and Mr. Twister would like to know his net profit of the year. Net profit of the year must include also depreciation, interest expenses and tax. Depreciation Mr. Twister owns following assets a car - estimated life of 5 years an equipment - estimated life of 4 years Straight line depreciation method will be used for all his LT assets. Interest Mr. Twister pays the bank loan quarterly, interest rate 10% p.a. The bank loan conditions state that the repayment will be one year delayed. Tax rate is 20% Calculate EBIDDA, EBI, EBT and the net profit in the first year