Suppose that Washington Co. is a U.S. based MNC that is considering acquiring a target firm in Canada. Washington is attempting to forecast the future cash flows of the target in order to estimate the targets value. Washington Co. managers have also provided you with forecasted expense data, including selling and administrative expenses and depreciation The table shows the forecasted expense data along with the previous forecasts provided by Washington management. Complete row 6 of the table, filling in the target's projected earnings before taxes for each year. Note: All figures are in millions Year 1 Year 2 C$103 1. Revenue Last Year C$100 C$50.00 C$50.00 C$110 C$44.00 C$41.20 C$66.00 C$61.80 2. Cost of Goods Sold 3. Gross Profit 4. Selling and Admin Expense 5. Depreciation 6. Earnings Before Taxes C$15 C$20 C$10 C$15 C$10 C$10 C$ C$ C$ Last Year Year 1 Year 2 Year 3 C$100 C$ 103 C$131 C$110 C$44.00 old C$50.00 C$41.20 C$52.40 C$50.00 C$66.00 C$61.80 C$78.60 n Expense C$20 C$15 C$15 C$15 C$10 C$10 C$10 C$10 Taxes C$ C$