Jackson Enterprises is preparing a pro forma statement for next year. It estimates sales at 12,840 units with a selling price of $43.01. Variable costs are estimated at $21 a unit. $868,000 of fixed assets is being depreciated straight-line to zero over seven years. Annual fixed costs are $104,660 and annual interest payments are $11,051. The tax rate is 35%. The net income is _____ and the operating cash flow is ______.

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The Answer of Jackson Enterprises is preparing a pro forma statement for next year. It estimates sales at 12,840 units with a selling price of $43.01. Variable costs are estimated at $21 a unit. $868,000 of fixed assets is being depreciated straight-line to zero over seven years. Annual fixed costs are $104,660 and annual interest payments are $11,051. The tax rate is 35%. The net income is _____ and the operating cash flow is ______.

Jackson Enterprises Is Preparing a Pro Forma Statement for Next