YR 1 YR 2 YR 3 YR 4 YR 5

SALES 70,000 61,000 58,000 50,000 58,000

COGS 32,000 32,000 33,000 32,000 35,000
GP 38,000 29,000 25,000 18,000 23,000
OPT EXP 14,000 11,000 14,000 12,000 12,000
EBIT 24,000 18,000 11,000 6,000 11,000
INT EXP 4,000 2,000 4,000 2,000 4,000
EBT 20,000 16,000 7,000 4,000 7,000
TAX 0.3 6,000 4,800 2,100 1,200 2,100
NET INCOME 14,000 11,200 4,900 2,800 4,900