MacBook Air N145 T2021 Problem Solving (50 points) Ils points) Following are financial statements historical and forecasted) for the Rapa Nui Entertainment Corporation Income Statement Net Sales Cost of Good Sed GoPro General Administrative Expenses Marketing Depreciation Kamings Before Interest and Tanes Interest Earings Before Taxes Income Taxes (40) Net Income Forecast 2010 51.500.000 80.00 650.000 -250,000 200.000 SO 144.000 84.000 60,000 -24.000 516000 Balance Sheet Cash Accounts Receivable Inventaries Total Current Assets Fixed Asset, Net Total Assets 125,000 125,000 100.000 350.000 500,000 100,000 150.000 SL.100.000 Balance sheet 2019 $20,000 Accounts Payable 250.000 Accrued Liabilities 350,000 Bank loan 620,000 Total Current Liabilities 480.000 Long-Term Debt SL. 100.000 Common Stock (St par) Retained Earnings Total Liabilities & Equity Forecast 2020 $30,000 Accounts Payable 290,000 Accrued Liabilities 450.000 Bank loan 770,000 Total Current Liabilities 500.000 Long-Term Debt SI 220,000 Common Stock (51 per) Retained Earnings Total Lisbilities & Equity Cash Accounts Receivable Inventories Total Current Assets Fixed Assets, Net Total Assets 135,000 130,000 125.000 390,000 600,000 100.000 1800.00 S1.270,000 Assume that the cash account includes only required cash. Determine the dollar amount of equity valuation cash flow for 2020. MacBook FIN345 Fall 2021 Exam Equity Valuation Cash Flow Net Income: 5 +Depreciation: $ Change in NOWC:S Change in Gross Fixed Assets: S + Net Debt Issues: S Equity Valuation Cash Flow =