Using year 4 as the base year, as well as using logical assumptions (If their sales increase, the assumption has to be that the will incur higher expenses) and based on the information provided in the Marine Supply paragraph what would the numbers projected for year 5 for the _{Income Statement} as well as the _{Balance Sheet}

please make real life ^{Logical Assumptions} when making the projection of the balance sheet as well as for the income statement

The five assumptions listed below were made by another person that answered the question, please disregard or use that as a base to make logical assumptions, and fix the balance sheet and income statement to make sense based on the information provided

Marine Supply Company - Part 2 As discussed earlier, the partners have just told you that the United States Navy has proposed the purchase of S1,500,000 of marine supplies. This contract, if accepted, would require a one-time investment in new equipment of $1,000,000 and would be renewed year after year. After some discussion among themselves, they decided to accept the order and are now wondering what to do next. This is why they have called you