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Question 4 (15 points) Savea In 2019, your firm reported $600,000 in sales. Operating costs were $260,000, and depreciation expenses were $150,000. The firm has

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Question 4 (15 points) Savea 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. By how much, if any, does the firm's 2020 net income increase based on the projections? Assume the firm is in the 20% tax bracket

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