please solve and explain

The income statement, also known as the proft and foss (PQL) statement, provides a snapshot of the financial performance of a compeny curing a specitied period of time. It reports a firm's gross income, expenses, net income, end the income that is aveitable for distribution to its preferred and common sharaholders: The income statement is prepared using the generally accepted occounting principies (GMAP) thet match the firm's revenues and expenses to the period in which they were incurred, not necessarily when cesh wos received or paid. Investors and analysts use the information given in the income statement and other finencial statements and reports to evaluote the compeny's financial performance and condision. Consider the following soenario: Green Coterpillar Gerden Supplies Inc. x income statement reports data for its first yeer of operation. The firm's CEO would ixe seles to increase by 25% next year. 1. Green Caterpiltar is able to achieve this level of increased sales, but its interest costs increase from 10% to 15% of earnings before inturest and taxes (E-ET). 2. The compenys opereting costs (excluding depreciation and amortization) remain at 60w of net saies, and its depreciation and amortiration expenses remain constant from year to year. 3. The cempany's tax rate remains canstant at 25% of its pre-tax income of earnings betore taxes (EBT), 4. In Yoar 2, Green Coterpillar expects to pay 5300,000 and 51,319,625 of preferred and common stock dividends, respectively, Compiete the Yeer 2 income statement datn for Green Ceterpllar, then answer the cuestions that follow. Be sure to round each dollar value to the nearest whole dollar. Given the results of the previous income statement calculations, complete the foliowing statements: - In Year 2, if Green Caterplilar has 25,000 shares of preferred stock issued and outstanding, then each preferred share should expect to receive in annual dividends; - Ir Green Caterpillar hes 200,000 shares of common stock issued and outstanding, then the firm's eamings per share (EpS) is expected to change in Year 1 to from Year 2. in Year is to in Year 2. - th is to saiy that Green Caterpaiar's net inflews and outfows of cash at the end of Years 1 and 2 are equat to the company's annual contrioution to retained earnings, $1,036,500 and $1,312,875, respectively. This is because of the items reported in the income stotement involve payments and recelpts of cast