Assuming that Ideka's market share after 2005 will increase each year, the required production volume for the following five years are shown here: Ideko's production plant will require an expansion in 2010 (when production valume will exceed the current level by 50%), and the cost of this expansion will be $14.1 million. Assuming the financing of the expansion will be delayed accordingly, calculate the projected interest payments and the amount of the projected interest tax shields (assuming that the interest rates on the term loans is 6.4%) through 2010. Consider an income tax rate of 35%. Ideko's balance sheet for 2005 is shown here [Round to the nearest $ 000.) X Data table 2005 Debt and Interest ($ 000) Outstanding Debt Interest on Term Loan 6.4% Interest Tax Shield (Click on the following icon in order to copy its contents into a spreadsheet.) Estimated 2005 Balance Sheet Data for Ideko Corporation Balance Sheet ($ 000) Assets Cash and Equivalents 8,164 Accounts Receivable 18,493 X Inventories 6,165 Data table Total Current Assets 30,822 49,500 Property, Plant, and Equipment Goodwill 72,332 (Click on the Icon located on the top-right comer of the date table below in order to copy its contents into a spreadsheet.) Total Assets 152.654 Sales Data 2008 2008 2009 2010 Liabilities and Stockholders' Equity Market Size (000 units) Growth/Year 5.20% 0.45% 13,013.7 Accounts Payable 4.854 2005 2007 10,100.0 10,625.2 11,177.7 11,758.9 12,370.4 10.30% 10.75% 11.20% 11.65% 12.10% 1,040.3 1,142.2 1,251.9 1,369.9 1,496.8 Market Share 12.55% Debt 108,300 Total Liabilities 112,954 Production Volume (000 units) 1,633.2 Stockholders' Equity 39.700 Total Liabilities and Equity 152,651 Print Done Print Done Assuming that Ideka's market share after 2005 will increase each year, the required production volume for the following five years are shown here: Ideko's production plant will require an expansion in 2010 (when production valume will exceed the current level by 50%), and the cost of this expansion will be $14.1 million. Assuming the financing of the expansion will be delayed accordingly, calculate the projected interest payments and the amount of the projected interest tax shields (assuming that the interest rates on the term loans is 6.4%) through 2010. Consider an income tax rate of 35%. Ideko's balance sheet for 2005 is shown here [Round to the nearest $ 000.) X Data table 2005 Debt and Interest ($ 000) Outstanding Debt Interest on Term Loan 6.4% Interest Tax Shield (Click on the following icon in order to copy its contents into a spreadsheet.) Estimated 2005 Balance Sheet Data for Ideko Corporation Balance Sheet ($ 000) Assets Cash and Equivalents 8,164 Accounts Receivable 18,493 X Inventories 6,165 Data table Total Current Assets 30,822 49,500 Property, Plant, and Equipment Goodwill 72,332 (Click on the Icon located on the top-right comer of the date table below in order to copy its contents into a spreadsheet.) Total Assets 152.654 Sales Data 2008 2008 2009 2010 Liabilities and Stockholders' Equity Market Size (000 units) Growth/Year 5.20% 0.45% 13,013.7 Accounts Payable 4.854 2005 2007 10,100.0 10,625.2 11,177.7 11,758.9 12,370.4 10.30% 10.75% 11.20% 11.65% 12.10% 1,040.3 1,142.2 1,251.9 1,369.9 1,496.8 Market Share 12.55% Debt 108,300 Total Liabilities 112,954 Production Volume (000 units) 1,633.2 Stockholders' Equity 39.700 Total Liabilities and Equity 152,651 Print Done Print Done