Using the data in the student spreadsheet file Ethan Allen financial.xlsx $,$ forecast the June $30,2019$ income statements and balance sheet for Ethan Allen. Use the percent of sales method and the following assumptions: $(1)$ sales in FY $2019$ will be $$716\mathrm{.}20$; $(2)$ The tax rate will be $25\%$; $(3)$ Each item that changes with sales will be the five$-$year average percentage of sales; $(4)$ Property, Plant & Equipment $-$ Gross will increase to $$675$; and $(5)$ The dividend will be $$0\mathrm{.}99$ per share. Use your judgment on all other items

Ethan Allen Interiors Inc.

Income Statement $($Industrial$)$

All figures in millions of U$.$S$.$ Dollar, except per share items

Source : FactSet Fundamentals