Question: Complete the exercise Pro Forma Income Statement (Chapter 5 DA Exercise 1) before answering this question. After completing the exercise, enter the required values below.

Complete the exercise Pro Forma Income Statement (Chapter 5 DA Exercise 1) before answering this question. After completing the exercise, enter the required values below. Make sure decimal places are set to zero on your worksheet. Do not enter values with decimal places below.

On the Loan Data worksheet, the monthly payment in cell B8 is:

On the LeaseData worksheet, the annual payment in cell B8 is:

On the Income Statement worksheet, enter the net income in cell C19:

On the Future NI worksheet, enter the value in cell B5:

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