Use the following information on Company and perform prema menina page to ease on Sale in 2021 ms expected to grow of 10th the hos 021 tect of the income Table 1 Income Statement, 2020 Balance Sheet, 2030 Sales 9,000,000 st Costs except Depe -3.500.000 Cashdi 2.156.000 EBITDA 5.500,000 Accounts Recente 2.960.000 Depreciation -2.900 90.000 ERIT 5494.100 Total Current A 50.000 Interest Expense 100 500 Property 2.190.000 q Preta Income 5373,600 Income Tax -1.330760 Listy Net Income 3.492.540 Acc Pasar 2.000.000 1.000.000 Tutalis 300.000 Stockholm 2000 Total Labs 195.000 QUESTION QUE the Use the following information on Company X and perform pro-forma financial modeling using a percentage sales method to answers the next two questions Sales in 2021 are expected to grow at a rate of 10% with respect to the values of 2020. Assume the company pays out 65% of its net income Table 1 Income Statement, 2020 Balance Sheet, 2020 Sales 9,000,000 Assets Costs except Depr -3,500,000 Cash and Equivalents 2,156,000 EBITDA 5,500,000 Accounts Receivable 2.960,000 Depreciation -25.900 Inventories 90,000 EBIT 5,474,100 Total Current Assets 5,206,000 Interest Expense (net) -100,500 Property Plant & Equipment 2.190,000 Pretax Income 5,373,600 Total Assets 7,396,000 Income Tax -1,880,760 Liabilities & Equity Net Income 3,492,840 Accounts Payable 2,000,000 Debt 1,000,000 Total Liabilities 3,000,000 Stockholders' Equity 4.396,000 Total Liabilities and Equity 7,396,000 Question Use the percent sales method to forecast the value of next year's stockholder's equity for firm X QUESTION 7 Question: Use the percent sales method to estimate the firm s net new financing for firm X. TO