2) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay 28% in dividends. Construct the Production volume table based on your student ID number as per the instructions shown below. a. What will be the depreciation for 2023? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. b. What will be the cash and equivalents for 2020? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. c. What will be the accounts payable for 2021? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. d. Imagine that the corporation decides to use debt for any external financing, what would be the amount of debt in 2020? (If no net new financing is needed, then answer with a negative number) NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. integrated Exhibit A: funancial statement Pro Forma Financial statement income statement 2019 2020 2021 2022 2023 2024 Sales revenue less cost of goods sold EBITDA less depreciation expense EBIT less interesr and other expanses PRE-TAX INCOME less income tax Net income $ $ $ $ $ $ $ $ $ 45,000.00 -36,900.00 8,100.00 -4,500.00 3,600.00 -800 2,800.00 -1,120.00 1,680.00 $ Production Volume (000s units) market size market share pproduction volum (market size X market share average price 10,000 10% 10,500 12% 11,025 14% 11,576.25 16% 12,155.06 18% 12,762.82 20% 1000 $ 45 45.9 46.82 47.75 48.71 49.68 balance sheet 2019 2020 2021 2022 2023 2024 Assets cash and equiptment accounts receivable inventory CURRENT ASSETS property plant and equipment Total assets $ $ $ $ $ $ 7,200.00 6,300.00 7,650.00 21,150.00 29,700.00 50,850.00 libilitie and equity accounts payable CURRENT LIBILITIE long term debt TOTAL LIBILITIE stocksholders equity retain eaarnings total equity $ $ $ $ $ $ $ 10,350.00 10,350.00 8,000.00 18,350.00 32,500.00 32,500.00 total libilities and equity $ 50,850.00 2) For the following problems, use Exhibit A. For exhibit A, the amount of sales depends on the production volume shown below. The dividend policy is to pay 28% in dividends. Construct the Production volume table based on your student ID number as per the instructions shown below. a. What will be the depreciation for 2023? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. b. What will be the cash and equivalents for 2020? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. c. What will be the accounts payable for 2021? NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. d. Imagine that the corporation decides to use debt for any external financing, what would be the amount of debt in 2020? (If no net new financing is needed, then answer with a negative number) NOTE: Provide your answers in dollars. E.G. for 100M you must enter 100000000.0000, for 20M you must enter 20000000.000, etc. integrated Exhibit A: funancial statement Pro Forma Financial statement income statement 2019 2020 2021 2022 2023 2024 Sales revenue less cost of goods sold EBITDA less depreciation expense EBIT less interesr and other expanses PRE-TAX INCOME less income tax Net income $ $ $ $ $ $ $ $ $ 45,000.00 -36,900.00 8,100.00 -4,500.00 3,600.00 -800 2,800.00 -1,120.00 1,680.00 $ Production Volume (000s units) market size market share pproduction volum (market size X market share average price 10,000 10% 10,500 12% 11,025 14% 11,576.25 16% 12,155.06 18% 12,762.82 20% 1000 $ 45 45.9 46.82 47.75 48.71 49.68 balance sheet 2019 2020 2021 2022 2023 2024 Assets cash and equiptment accounts receivable inventory CURRENT ASSETS property plant and equipment Total assets $ $ $ $ $ $ 7,200.00 6,300.00 7,650.00 21,150.00 29,700.00 50,850.00 libilitie and equity accounts payable CURRENT LIBILITIE long term debt TOTAL LIBILITIE stocksholders equity retain eaarnings total equity $ $ $ $ $ $ $ 10,350.00 10,350.00 8,000.00 18,350.00 32,500.00 32,500.00 total libilities and equity $ 50,850.00