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TABLE 32' Future Value of '1 0 1.0000 1.0030 1.01100 1.0000 1.0030 1.0000 1.01100 1.0030 1.0300 1.0000 1.5000 1.001141I 1 1.0102]I 1.0200 1.0300...

131,400             131,400             

Selling and administrative expenses 26,000          26,000 

Total expenses                              281,500               237,700             

Pretax income                               83,500                 54,300 

Income taxes (34%)                       28,390                 18,462

Net income                                   $55,110                $35,838

Required:

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