One year	Two years	Three years	Four years
Berry Bang's sold		1750	91000	93730	96542	99438
Revenue		$7.00	637,000	656110	675793	696067
Cost of Sales		$1.87	170,170	175275	180533	185949
Royalty		8.00%	50,960	52489	54063	55685
Marketing		7.00%	44,590	45928	47306	48725
Total Variable Costs			265,720	273,692	281902	290359
Contribution			371,280	382,418	393891	405708
Full-Time Employee Costs		$42,000	84,000	84,000	84,000	84,000
Casual Employee Costs		$18.93	70,874	70,874	70,874	70,874
On-Costs		30%	46,462	46,462	46,462	46,462
Total Employee Costs			201,336	201,336	201,336	201,336
Store Costs (outgoings)		$1,600	19,200	19,200	19,200	19,200
Occupancy Cost (rent)		$3,500	42,000	42,000	42,000	42,000
Total Operating Costs			262,536	262,536	262,536	262,536
EBITDA		17%	108,744	119,882	131,355	143,172
Interest	150,000	6.00%	9,000	9,000	9,000	9,000
Depreciation	300,000	10.00%	30,000	30,000	30,000	30,000
Total Fixed Costs			301,536	301,536	301,536	301,536
Pre-Tax Profit			69,744	80,882	92,355	104,172
Tax		30%	20,923	24265	27706	31252
Net Income			48,821	56,618	64,648	72,920

1- Repeat these calculations in order to estimate free cash flow for three more years, assuming that the franchise is able to increase the number of Berry Bangs it sells by 3% over the previous year. Is EBITDA equal to 33% of the $300,000 required to set up the store in each year? Note: as a rule of thumb an EBITDA/Store Setup Cost ratio of 33% is desirable.

the above is the question 1 and its answer is in table form and I need you to check the calculations and let me know that all are correct and if any calculation is wrong just let me know