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Income statement for Astro Aviatonics

Astro Aviatonics has collected the following data for a proposed new machine and process that will enable significant new product capabilities once fully implemented. The salvage value is zero. Convert this into an incremental income statement for a proposal.
Year 0 1 2 3 4 5
Present Sales $600,000 $600,000 $600,000 $600,000 $600,000
Forecasted sales $575,000 $600,000 $625,000 $650,000 $675,000
Investment $95,000
Depreciation Straight-line 5-years
Salvage Value $0
COGS Present $210,000 $210,000 $210,000 $210,000 $210,000
COGS Forecasted $212,000 $208,000 $204,000 $200,000 $196,000
S.G.&A. no change
Taxes $0

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Year 0 1 2 3 4 5
Investment $95,000
Present Sales $600,000 $600,000 $600,000 $600,000 $600,000
Forecasted sales $575,000 $600,000 $625,000 $650,000 $675,000
Incremental sales ...

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