Under the assumption that? Ideko's market share will increase by 0.50 percent per? year, you project the following investment and? depreciation:

Fixed Assets and Capital Investment? ($ 000)
	2005	2006	2007	2008	2009	2010
New Investment	4,900	4,900	4,900	4,900	4,900	19,600
Depreciation	(5,420)	( 5,368)	( 5,321)	( 5,279)	( 5,241)	(6,677)

Using this information and the information here

?(?IMPORTANT:

Please click on the

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icon to import the table into a spreadsheet and use all the values as rounded on the spreadsheet. DO NOT recalculate the forecasted? values.), project net income through 2010? (that is, reproduce Table 19.7

under the new? assumptions). Assume the corporate tax rate is

35%.

?Ideko's income statement for 2005 is shown here

LOADING...

.

To build the pro forma income? statement, we begin with? Ideko's sales.???(Round to the nearest? $ 000.)

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Income Statement ($ 000)	2005	2006	2007	2008	2009	2010
Sales	75,300	?	?	?	?	?

Data Table Click on the icon to import the table into a spreadsheet.) Year Growth 2005 2006 2007 2008 2009 2010 Sales Data Market Size (000 units) Market Share Average Sales Price (S/unit) 4.95% 0.50% 2.00% 10,300 10,810 11,34511,907 12,496 13,115 9.85% 10.35% 10.85% 11.35% 11.85% 12.35% 81.94 74.22 75.70 77.22 78.76 80.34 Cost of Goods Data Raw Materials (S/unit) Direct Labor Costs (S/unit) 0.90% 3.90% 15.67 18.06 15.81 18.76 15.95 19.50 16.10 20.26 16.24 21.05 16.39 21.87 Operating Expense Data Sales and Marketing (% sales) Administrative (% sales) 14.84 18.13 19.24 13.13 (75) (6,481) 6,481) 6,481) 6,481) 6,481) 16.19 15.13 17.54 15.13 18.89 14.13 19.24 13.13 Interest on Term Loan ($ 000) Print Done