Question: Question 20 (1 point) Marine Enterprises is preparing a pro forma statement for next year. It estimates sales at 13,440 units with a selling price

Question 20 (1 point) Marine Enterprises is preparing a pro forma

Question 20 (1 point) Marine Enterprises is preparing a pro forma statement for next year. It estimates sales at 13,440 units with a selling price of $43.00. Variable costs are estimated at $21 a unit. $868,000 of fixed assets is being depreciated straight-line to zero over seven years. Annual fixed costs are $104,660 and annual interest payments are $11,050. The tax rate is 35%. The net income is _____ and the operating cash flow is $27,808; $132,461 $36,381; $171,431

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