Question: 1 . Using the company's forecasts, a complete Income Statement for the last 4 months of the fiscal year. Make sure you state your assumptions

1. Using the company's forecasts, a complete Income Statement for the last 4 months of the fiscal year. Make sure you state your assumptions about the Costs of Good Sold (COGS), Operating Expenses, etc.
2. Perform break-even analysis for sales forecasts that will allow the company to repay both loans at the end of the fiscal year (if needed, state your assumptions).
3. Perform sensitivity analysis on fiscal year net income if sales vary from expectations (if needed, state your assumptions).
4. Finally, answer the following questions. Should the bank extend the company's original loan and offer the new loan? Should the company go ahead with the scheduled dividend payment?

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