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This question requires you to forecast Munch's pro forma income statement for 2 0 X 2 using the 2 0 X 1 data and the

This question requires you to forecast Munch's pro forma income statement for 20X2 using the 20X1 data and the following assumptions:
20X2PF sales are 6.0% higher than 20X1 Sales
20X2PF Dividends Paid are $21,186
20X2PF Fixed Assets Net of Depreciation are increased by 6,500( $6.5 million) over 20X1
20X2PF Addition to Retained Earnings is added to Retained Earnings on the 20X2PF balance sheet
All figures are in thousands of dollars, and all answers will also be in thousands of dollars.
What is Munch's forecasted Net Sales for 20X2PF? Report your answer to the nearest thousand (NOTE: 20X1 data are in
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