Use the assumptions listed in the schedule to forecast the Income Statement and Balance Sheet for April 2020. MEDTRONIC PLC Statement of Income For Year Ended Apr-19 Apr-20 \$ millions Net sales Costs and expenses Actual $30,557 Cost of products sold Research and development expense Selling, general, and admin expense Amortization of intangible assets Restructuring charges, net Certain litigation charges Other operating expense, net Operating profit (loss) 2586,268373 Other non-operating income, net Interest expense Income (loss) before income taxes Income tax provision Net income (loss) Net (income) loss attrib to NCl Net income (loss) attrib to Medtronic 3731,4445,1975474,65019$4,631 MEDTRONIC PLC Balance Sheet Apr-19 \begin{tabular}{|l|r|} \hline Assets & \multicolumn{1}{c|}{ Actual } \\ \hline \$ millions & $4,393 \\ \hline Cash and cash equivalents & 5,455 \\ \hline Investments & \\ \hline Accounts receivable, less allowance of $190 & 6,222 \\ \hline Inventories, net & 3,753 \\ \hline Other current assets & 2,144 \\ \hline Total current assets & 21,967 \\ \hline Property, plant, and equipment, net & 4,675 \\ \hline Goodwill & 39,959 \\ \hline Other intangible assets, net & 20,560 \\ \hline Tax assets & 1,519 \\ \hline Other assets & 1,014 \\ \hline Total assets & $89,694 \\ \hline \hline \end{tabular} Liabilities and Stockholders Equity Current liabilities Use the assumptions listed in the schedule to forecast the Income Statement and Balance Sheet for April 2020. MEDTRONIC PLC Statement of Income For Year Ended Apr-19 Apr-20 \$ millions Net sales Costs and expenses Actual $30,557 Cost of products sold Research and development expense Selling, general, and admin expense Amortization of intangible assets Restructuring charges, net Certain litigation charges Other operating expense, net Operating profit (loss) 2586,268373 Other non-operating income, net Interest expense Income (loss) before income taxes Income tax provision Net income (loss) Net (income) loss attrib to NCl Net income (loss) attrib to Medtronic 3731,4445,1975474,65019$4,631 MEDTRONIC PLC Balance Sheet Apr-19 \begin{tabular}{|l|r|} \hline Assets & \multicolumn{1}{c|}{ Actual } \\ \hline \$ millions & $4,393 \\ \hline Cash and cash equivalents & 5,455 \\ \hline Investments & \\ \hline Accounts receivable, less allowance of $190 & 6,222 \\ \hline Inventories, net & 3,753 \\ \hline Other current assets & 2,144 \\ \hline Total current assets & 21,967 \\ \hline Property, plant, and equipment, net & 4,675 \\ \hline Goodwill & 39,959 \\ \hline Other intangible assets, net & 20,560 \\ \hline Tax assets & 1,519 \\ \hline Other assets & 1,014 \\ \hline Total assets & $89,694 \\ \hline \hline \end{tabular} Liabilities and Stockholders Equity Current liabilities