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Using the chart below, what is the variance for net incom Income Statement Forecas Actual 12,000.00 $12,200.00 S200.00 $9.000.00 S3,000.00S3.500.00S500.0016.7% S200.00 S2,800.00 S3,298.00S498.0017.8% $980.00 |

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Using the chart below, what is the variance for net incom Income Statement Forecas Actual 12,000.00 $12,200.00 S200.00 $9.000.00 S3,000.00S3.500.00S500.0016.7% S200.00 S2,800.00 S3,298.00S498.0017.8% $980.00 | $1,154.30| $174.30| 17.8% $1,820.00S2,143.70 S546.00 |$1,274.00 Variance Variance % Sales Oper. Costs EBIT Interest EBT Taxes Net Income Dividends Addition to RE ! $8.700.00! -$300.00| -3.3% S202.00 S643.11S97.11 $226.59| 17.8% 17.8% | $1,500.59| Tax Rate Dividend Payout 35% 30% O 17.8% O $323.7 O$174.3 o 15.1%

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