Problem 5-4 (LO7) Uffizi Company is preparing a forecast of its net income for the year 2013. In addition, Uffizi plans to construct a forecasted statement of cash flows for 2013. The balance sheet and income statement data for 2012 are presented below as well as a forecasted balance sheet for 2013. Management expects sales in 2013 to rise to $6,000,000. In order to achieve this level of increase, management estimates that operating expenses (specifically sales commissions) will rise to $410,134 Prepare a forecasted income statement and forecasted statement of cash flows (using the indirect method) for the year ended December 31, 2013, for Uffizi Company. Calculate the cash flow to net income and cash flow adequacy ratios (round to 4 decimal places)