Years $+1,+2,$ and $+3$ are forecasted amounts. Year $4+$ reflects the balance sheet and income statement assuming a $2\%$ longterm growth rate.

Complete year $4+$ by preparing the forecasted statement of cash flows. Your bottom line should reflect the ending cash balance of $$34,596\mathrm{.}0.$

Assume the firm has outstanding $100,000$ shares of common stock and that the market expects a $10\%$ rate of return.

a$.$ Prepare for years $+1,+2,+3$ and Year $4+$ the dividend payout using clean surplus accounting. SHOW AND LABEL your calculations.

b$.$ Using the $10\%$ rate of return and the $2\%$ long$-$term growth rate, what is the value of one share of the $100,000$ shares outstanding?

c$.$ Prepare for years $+1,+2,+3$ and Year $4+$ the free cash flows for the firm. Your answers should match $2.$a$.$ above. Thus, SHOW AND LABEL your calculations.

$\backslash$table$[[$Cash$,$Year $0$ Actual,Year $+1,$ Year $+2_{?},$ Year $+3_{?},$Year $4$t$],[$$$,10,000\mathrm{.}0,$$$,72,400\mathrm{.}0,$$$,55,600\mathrm{.}0,$$$,34,800\mathrm{.}0,$$$,35,496\mathrm{.}0$