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- If a company had sales of $1,850,000 million, Operating costs of $1,050,000, depreciation of $350,000,...

- If a company had sales of $1,850,000 million, Operating costs of $1,050,000, depreciation of $350,000, interest costs of $55,000, and taxes of $92,250, what is the forecasted net income if sales grow by 7%, operating margin increases by 1.2%, interest costs decreases to 3.1% of sales, and the tax rate decreases by 2.5% ? (Hint: set up before and after basic income statements).

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