Tog Won'd, Inc. What factors could lvlr. lvlcCIintock consider in deciding whether or not to adopt the level production plan? What saving would be involved? Estimate the amount of added funds required and the timing of the needs under level production. Prepare pro formaincome statements and balance sheets (rather than acash budget) to make this estimate. lgn ore interest expense in making these estimates Adjust the pro fonna statements calculated in question 3 for differences in interest earnings and interest expense. What is the net effect on annual profits as well as the monthly impact on profits? Compare the liabilities patterns feasible under the alternative production plans. What implications do their differences have for the risk assumed by the various patties