XYZ company had sales of 200000 in the year 2019, and it's forecasted that the company's sales in 2020 will reach 800000. The company had the following expenses in 2019:

1) Cost of goods sold: 70000

2) Operating expenses :

• Depreciation expense : 13000
• Selling expense: 20000

3) Interest expense: 8000

Note that all expenses are variable, and the company's tax rate is 25%

Based on the percent of sales method, find the following:

Cost of goods sold in 2020.

Operating expenses in 2020.

Net income before tax in 2020