Please answer q3, while showing the bonus calculations in details and steps

Note: To do these calculations, students must prepare an advertising expenditure amortization schedule. 3. Assume the base salary of the manager of the Snack Foods Division was $120,000 in both 2000 and 2001. How much cash would the manager receive from his bonus payouts in 2000 and 2001? 4. Evaluate Berkshire Industries' new incentive plan. What changes would you recommend, if any? 5. Should Mr. Embleton make special adjustments of the economic profit figures or the bonus payouts for personnel in the Spirits Division in 2000 and 2001? Why or why not? Page 1 of 2 Exhibit TN-1 Operating Data from Berkshire Industries' Snack Foods Division (E000) 1996 1997 1998 1999 2000 2001 From the income statement: Net operating profit before the following 137.051 162,401 184.898 194,321 items: Consumer advertising expense (20,661) (23,730) (26,410) (31,007) (41,568) (39,191) Goodwill amortization (15,000) (30,000) (30,000) Net operating profit before taxes 110.641 116,394 113,330 125.130 Income tax payments (41,293) (51,501) (54,131) (60,327) Net operating profit after taxes (NOPAT) 69.348 64.893 59.199 64.803 From the balance sheet: Net operating assets (book) 593,040 630,268 580,920 568,113 Accumulated amortization of goodwill 15,000 45,000 75,000 Economic profit Economic profit performance target 28,000