This project is about preparing a pro forma income statement for a newly opened private bookstore. This bookstore expects sales of $1,500,000 in the first year (2023), with a set of sales growth rates (SGR) values to be tried out. This bookstore estimates the following percentages of total sales for various costs and expenses: Costs & Expense Cost of Goods Sold Salary & benefits Advertising General, selling, & administration Miscellaneous expenses Percent of Sales 60.0% 26.0% 2.5% 4.8% 2.1% The Rent & Utility expense is $40,000 for the first year (2023, and grows at a different rate for each year as determined by the following formula: 6.5%+ 0.2%*(number of years away from the base year)12. Taxes are paid only when the Earnings Before Taxes is non-negative. ASSIGNMENTS: Conduct one variable data table analysis for Net Profit After Taxes (NPAT) for 2025 by varying SGR on the following set of rates: 15.0%, 16.0%, 17.0%, 18.0%, 19.0%, 20.0% Q1. Find the SGR value which yields the highest N. Let the above value be the value for SGR in this question. In this second question, we conduct two-variable data table analysis by varying Salary & Benefits on the set of rates: 25.0%, 26.0%, 27.0%, 28.0%, 29.0%, 30.0%; and varying Advertising on the set: 2.5%, 3.0%, 3.5%, 4.0%. Altogether there are 24 combinations. Q2. Identify which combination of values yields the highest value of NPAT. Q3. Show the Pro Forma income statement based on the SGR.