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Question Jim's Espresso expects sales to grow by 9.7% ya Assume that you come Use the towing soments and the percent of a hod to forecast a Stockholders b. Accounts payable The Tax Cuts and Jobs Act of 2017 temporarily wow 100% bonus depreciation (etectively expensing capital expenditures). However, we will stil include depreciation forecasting in this chapter and in these problems in Wicipation of the retum of standard depreciation practices during your care a Stockholders' equity The new stockholders egaty will be sound to the nearest dow) b. Accounts payable The forecasted accounts payable will be $(Round to the newest dow) $197,600 Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT $15,000 Balance Sheet Assets Cash and Equivalents Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets (99,120) $98,480 (6,070) $92,410 (280) $92,130 (23,033) $69,097 1,990 3,900 $20,890 Interest Expense (net) Pre-tax Income Income Tax Net Income 9,930 $30,820 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and Equity $1,550 4,080 $5,630 25,190 $30,820