Question: ANSWER QUESTION C(Net Income) ONLY PLEASE!!! Data Table Click on the icons located on the top-right corners of the data tables below to copy its

ANSWER QUESTION C(Net Income) ONLY PLEASE!!!
ANSWER QUESTION C(Net Income) ONLY PLEASE!!! Data Table Click on the icons
located on the top-right corners of the data tables below to copy

Data Table Click on the icons located on the top-right corners of the data tables below to copy its contents into a spreadsheet Income Statement ($ million) Balance Sheet ($ million) Net Sales 186.9 Assets Costs Except Depreciation - 174.4 Cash 23.7 EBITDA 12.5 Accounts Receivable 17.3 Depreciation and Amortization -1.3 Inventories 15.4 EBIT 11.2 Total Current Assets 56.4 Interest Income (expense) - 7.7 Net Property, Plant, and 112.8 Equipment Pre-tax Income 3.5 Total Assets 169.2 Taxes (26%) -0.9 Net Income 2.6 Liabilities and Equity Accounts Payable 34.9 Long-Term Debt 112.5 Total Liabilities 147.4 Total Stockholders' Equity 21.8 Total Liabilities and Equity 169.2 Print Done Drin Slobal Corp, expects sales to grow by 8% next year. Using the percent of sales method and the data provided in the given tables orecast the following 3. Costs e Accounts receivable b. Depreciation f. Inventory c. Net income g. Property, plant, and equipment d. Cash h. Accounts payable (Note: Interest expense will not change with a change in sales. Tax rate is 26%.) a. Costs The forecasted costs except depreciation will be $ 188.7 million. (Round to one decimal place, and enter all numbers as a positive.) b. Depreciation The forecasted depreciation will be $ 1.3 million (Round to one decimal place, and enter all numbers as a positive.) c. Net income The forecasted net income will be $ million (Round to one decimal place.)

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