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YoY growth rate of 13 percent Plant currently operating at capacity Growth will require a new machine costing $3 million Assume additional $300,000 of annual
YoY growth rate of 13 percent Plant currently operating at capacity Growth will require a new machine costing $3 million Assume additional $300,000 of annual depreciation for this new machine ( 10%/ year) FY21 income Statement connect Help Financial Forecasting Return to Activity Score Correctl Next Day Hardware's income statement is shown on the right of your screen. For the remaining calculations, remember to round any final answers to the nearest whole number. Solve for FY22 Sales on the 2022 income statement. Remember to reference the growth rate provided by Paul. \begin{tabular}{lr|} & FY21 \\ \hline Sales & $23,359,697 \\ Cest of Coods Sold & $18,453,300 \\ Other Expenses & $2,569,447 \\ Depreciation & $934,344 \\ Taxable Income & $1,401,516 \\ Taxes (211) & $294,318 \\ Net income & $1,107,198 \\ Dividends & $599,609 \\ Add, to Retained Eamingt & $607,198 \end{tabular} Enter a retoonse then clac subme below 50 Submit YoY growth rate of 13 percent Plant currently operating at capacity Growth will require a new machine costing $3 million Assume additional $300,000 of annual depreciation for this new machine ( 10%/ year) FY21 income Statement connect Help Financial Forecasting Return to Activity Score Correctl Next Day Hardware's income statement is shown on the right of your screen. For the remaining calculations, remember to round any final answers to the nearest whole number. Solve for FY22 Sales on the 2022 income statement. Remember to reference the growth rate provided by Paul. \begin{tabular}{lr|} & FY21 \\ \hline Sales & $23,359,697 \\ Cest of Coods Sold & $18,453,300 \\ Other Expenses & $2,569,447 \\ Depreciation & $934,344 \\ Taxable Income & $1,401,516 \\ Taxes (211) & $294,318 \\ Net income & $1,107,198 \\ Dividends & $599,609 \\ Add, to Retained Eamingt & $607,198 \end{tabular} Enter a retoonse then clac subme below 50 Submit
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