Question: The table given below summarizes the 2 0 2 2 income statement and end - year balance sheet of Drake's Bowling Alleys. Drake's financial manager

The table given below summarizes the 2022 income statement and end-year balance sheet of Drake's Bowling Alleys. Drake's financial manager forecasts a 10% increase in sales and costs in 2023. The ratio of sales to average assets is expected to remain at 0.40. Interest is forecasted at 5% of debt at the start of the year.
\table[[,,\table[[Income],[$ in]],\table[[Statement],[thousands]],,],[Sales,$,2,500,(40% of average,assets)a,],[Costs,,1,875,(75% of sales),,],[Interest,,100,(5% of debt at,start of,year
 The table given below summarizes the 2022 income statement and end-year

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