Question 2 (10 points) In 2019. your firm reported $600,000 in sales. Operating costs were $260,000, and depreciation expenses were $150,000. The firm has $80,000 in debt outstanding at a 6% interest rate. The firm hopes to increase sales by 15% in 2020. Operating costs and depreciation will increase at the same rate as sales. What is the firm's forecasted net income? Assume the firm is in the 20% tax bracket. Question 3 (15 points) In 2019. your firm reported $12,000,000 in sales. The firm hopes to increase sales by 10% in 2020. The firm has a 7% profit margin, and the firm normally pays out 35% of its net income as dividends. The firm has $6,000,000 in total assets on its balance sheet, and the firm also has $4,000,000 in long-term debt. The firm has $750,000 in accounts payable, and no accruals. What additional funds, if any, does the firm need to finance the sales expansion