> Question 25 4 pts Levy Office Supplies forecasts $17,500 of sales for next year. The forecast includes $8,250 of operating costs other than depreciation, and $1,750 of depreciation. It will have a $15,000 of bank loan, which will have a 10.0% interest rate. The firm's federal-plus-state income tax rate will be 40%. What net income will the CFO's forecast for next year? $5.115 $4,600 $4.270 $3,600 $1,948