Your company has sales of $9,600 this year and cost of goods sold of $73,500. You forecast saies to increase to $118,700 next year. Using the percent af salos method, forncast nent years cost of goods sold. The Tax. Cuts and Jobs Act of 2017 temporanly alows 100% bonus depreciation (eflectwely expensing capilal texpenditures). However, we wil stil include depereciation forecasting in this chapier and in these probiems in anticipation of the return of standard depreciation practices during your careec. The forecasted cost of goods sold (COCS) is 5 (Round to the nearest dollar)