please answer the following questions

income statement is attached

1) Convert the Income Statement at left (from the 10/19/2023 elass lecture example) to the format to the right. 2) The Company would like to continue increasing its sales in 2020 and beyond, as market demand is strong. They are evaluating a $150,000 investment to debottleneck their plant. After the expansion, no additional production personnel will be required. Assume 10year straight-line depreciation. Assuming that annual sales increase to $600,000 in 2020 : a) Generate a new 2020 Income Statement, showing your assumptions for all of the costs of the expanded plant. b) What is the incremental ROI in the year 2020 for the $150,000 investment? c) What is the Payback Period for the incremental investment? d) Should the Company make this investment? Why or why not? 1) Convert the Income Statement at left (from the 10/19/2023 class lecture example) to the format to the right. 2) The Company would like to continue increasing its sales in 2020 and beyond, as market demand is strong. They are evaluating a $150,000 investment to debottleneck their plant. After the expansion, no additional production personnel will be required. Assume 10year straight-line depreciation. Assuming that annual sales increase to $600,000 in 2020: a) Generate a new 2020 Income Statement, showing your assumptions for all of the costs of the expanded plant. b) What is the incremental ROI in the year 2020 for the $150,000 investment? c) What is the Payback Period for the ineremental investment? d) Should the Company make this investment? Why or why not