Required:Prepare forecasts of its income statement, statement

Refer to the following financial statements for Ikram Inc:Income StatementFor year ended December 31(in millions)201920182017(RM)(RM)(RM)Net Sales13,23413,99414,089Cost of goods sold8,6708,3758,086Gross profit4,5645,6196,003Selling, general and administrative expenses2,7812,6652,846research and development costs779784817Restructuring costs9credit) and others659(44)350Earnings from operations3452,2141,990interest expense219178142Other income(charges)(18)96261Earnings before income taxes1082,1322,109Provision for income taxes32725717Net earning761,4071,392