Answer both a and b please

and Jim's Espresso expects sales to grow by 9.9% next year. Assume that Jim's pays out 80.9% of its net income. Use the following statements the percent of sales method to forecast: a. Stockholders' equity b. Accounts payable The Tax Cuts and Jobs Act of 2017 temporarily allows 100% bonus depreciation (effectively expensing capital expenditures). However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career. a. Stockholders' equity The new stockholders' equity will be $ (Round to the nearest dollar.) Data Table Click on the icons located on the top-right corners of the data tables below to copy their contents into a spreadsheet $203,830 (99,470) Balance Sheet Assets Cash and Equivalents $14,930 Income Statement Sales Costs Except Depreciation EBITDA Depreciation EBIT $104,360 (5,900) $98,460 (540) 2,040 4,040 $21,010 Accounts Receivable Inventories Total Current Assets Property, Plant, and Equipment Total Assets Interest Expense (net) 10,040 $31,050 Pre-tax Income Income Tax Net Income $97,920 (34,272) $63,648 Liabilities and Equity Accounts Payable Debt Total Liabilities Stockholders' Equity Total Liabilities and $1,420 3,900 $5,320 25,730 $31.050 Print Done