The income statement, also known as a profit and loss ( PQL ) statement, prowides a snapshot of a company's financal performance during a specified period of time. It reports a firm's gross income, expenses, pet income, and the income that is aviulable for distnbution to its preferred and common shareholders. The income statement is prepared using the generally accepted accounting principles (GAAP) that match the firm's revenues and expenses to the period in which they are incurred, not necessanly when cash is received of paid. Investors and analysts use the information presented in the income statement, and the other financial statements and reports, to evaluate the company's financial performance and condition. Consider the following scenatio: Blue Hamster Manufacturing Inc's income statement reports data for its first year of operation. The fitrn's CEO would like sales to increase by 25% next year. 1. Blue Hamster is able to achieve this level of increased sales, but its interest costs increase from 10% to 15% of earnings before interest and taxes (CBIT). 2. The company's operating costs (excluding depreciation and amortization) remain at 65.00% of net sales, and its depreciation and amortimation expenses remain constant from year to year. 3. The company's tax rate remains constant at 40% of its pre-tax income or eamings before taxes (EBI). 4. In Year 2, Blue Hamster expects to pay $100,000 and $2,432,700 of preferred and common stock dividends, respectively. Complete the Year 2 income statement data for Blue Hamster, then answer the questions that follow, Round each doilar value to the nearest whole dollar