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Use the following income statement and balance sheet for the current year for Jim's Espresso and assume that sales are expected to grow by 10.3%

Use the following income statement and balance sheet for the current year for Jim's Espresso and assume that sales are expected to grow by

10.3% for the next year and interest expense will remain constant.

Income Statement
Sales $196,940
Costs Except Depreciation (100,600)
EBITDA $96,340
Depreciation (5,900)
EBIT $90,440
Interest Expense (net) (500)
Pre-tax Income $89,940
Income Tax (31,479)
Net Income $58,461

Balance Sheet
Assets
Cash and Equivalents $14,900
Accounts Receivable 2,090
Inventories 4,080
Total Current Assets $21,070
Property, Plant, and Equipment 9,980
Total Assets $31,050
Liabilities and Equity
Accounts Payable $1,430
Debt 3,950
Total Liabilities $5,380
Shareholders' Equity 25,670
Total Liabilities and Equity $31,050

Use the percent of sales method to complete parts a through g.

a. Forecast costs for Jim's Espresso.

The forecasted costs will be $

b. Forecast depreciation for Jim's Espresso. The forecasted depreciation will be $

c. Forecast cash for Jim's Espresso. The forecasted cash will be $

d. Forecast accounts receivable for Jim's Espresso. The forecasted accounts receivable will be $

e. Forecast inventory for Jim's Espresso. The forecasted inventory will be $

.(Round to the nearest dollar and enter all numbers as positive.)

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