INSTRUCTIONS: 1). Complete the budget projections for years 2021-2024 using the following information Revenue increases 5% annually 0.05 Expense increases 2'/2% annually 0.025 For Depreciation and Interest expenses assume the Acutal 2020 gure as the base for the budget and forecast 2). Answer the question below the forecast. 1). Largo Global Income Statement of December 31, 2020 (millions) ACTUAL BUDGET FORECAST 2m 2021 um: mm m- Sales (net saleS) Cost of goods sold Gross prot Selling, general, and administrative expenses Earnings before Interest, taxes, depreciation, and amortization (EBITDA) Depreciation and amortization Earning before interest and taxes (EBIT) Operating income (loss) Interest expense Earnings before taxes (EBT) Taxes (34%) Net earnings (loss)fNet Income 2). Based on the changes suggested throughout the 5 projects, is Largo Global in a better financial position