Forecast the financial statements for Microsoft for Year 3 based on the Year 2 historic financial statements and the assumptions listed below. Then answer the questions that follow. 1. Sales growth = 8% 2. Cost of debt = 4% 3. Tax rate = 32% 4. Depreciation rate = 26.55% 5. CAPEX = $850 million 6. Accounts held constant: other current assets, equity and other investments, goodwill, other current liabilities, common stock, long-term debt 7. Short-term investments are the plug account. 8. No dividends