1. 

   Production Volume (000s units)
   1 2 3 4	Market Size	$ 10,000.00	$ 10,500.00	$ 11,025.00	$ 11,576.25	$ 12,155.06	$ 12,762.82
   	Market Share	10.00%	16%	22%	28%	34%	40%
   	Production Volume (Market Size X Market Share)	1000.00
   	Average Sales Price	$45.00	$45.90	$46.82	$47.75	$48.71	$49.68

1. For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. Construct the Production volume table based on your student ID number as per the instructions shown above.

   1. What will be the depreciation for 2024?

   2. What will be the cash and equivalents for 2022?

   3. What will be the accounts payable for 2023?

   4. Imagine that the corporation decides to use debt for any external financing, what would be the amount of debt in 2020?

      NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000,etc.

Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2019 2020 2021 2022 2023 2024 Income Statement 1 Sales Revenue 45,000.00 2 less: Cost of Goods Sold 36,900.00 3 EBITDA 8,100.00 4 less: Depreciation Expense 4,500.00 5 EBIT 3,600.00 6 less: Interest and Other Expenses 800.00 7 PRE-TAX INCOME 2,800.00 8 less: Income Tax 1,120.00 9 NET INCOME 1,680.00 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2019 2020 2021 2022 2023 2024 Balance Sheet 1 ASSETS 2 Cash and Equivalents 7,200.00 3 Accounts Receivable 6,300.00 4 Inventory 7,650.00 5 CURRENT ASSETS 21,150.00 6 Property, plant and Equipment 29,700.00 7 TOTAL ASSETS 50,850.00 8 LIABILITIES AND EQUITY 9 Accounts Payable 10,350.00 10 CURRENT LIABILITIES 10,350.00 8,000.00 11 Long-Term Debt 12 TOTAL LIABILITIES 13 STOCKSHOLDER'S EQUITY 18,350.00 32,500.00 14 Retained Earnings $ 32,500.00 15 TOTAL EQUITY 16 TOTAL LIABILITIES AND EQUITY $ 50,850.00 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2019 2020 2021 2022 2023 2024 Income Statement 1 Sales Revenue 45,000.00 2 less: Cost of Goods Sold 36,900.00 3 EBITDA 8,100.00 4 less: Depreciation Expense 4,500.00 5 EBIT 3,600.00 6 less: Interest and Other Expenses 800.00 7 PRE-TAX INCOME 2,800.00 8 less: Income Tax 1,120.00 9 NET INCOME 1,680.00 Integrated Financial Statements Exhibit A: Pro Forma Financial Statements 2019 2020 2021 2022 2023 2024 Balance Sheet 1 ASSETS 2 Cash and Equivalents 7,200.00 3 Accounts Receivable 6,300.00 4 Inventory 7,650.00 5 CURRENT ASSETS 21,150.00 6 Property, plant and Equipment 29,700.00 7 TOTAL ASSETS 50,850.00 8 LIABILITIES AND EQUITY 9 Accounts Payable 10,350.00 10 CURRENT LIABILITIES 10,350.00 8,000.00 11 Long-Term Debt 12 TOTAL LIABILITIES 13 STOCKSHOLDER'S EQUITY 18,350.00 32,500.00 14 Retained Earnings $ 32,500.00 15 TOTAL EQUITY 16 TOTAL LIABILITIES AND EQUITY $ 50,850.00