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Assuming that KXS's market share will increase by 0.26% per year, you determine that the plant will require an expansion in 2020. The expansion will cost 21.6 million. Assume the following: the financing of the expansion will be delayed accordingly (end of 2020), KXS uses a ten-year bond, interest rates remain the same, and KXS's tax rate is 35%. Using the accompanying table of projected values, calculate KXS's additional annual working capital requirements through 2023. 5 Click the icon to view the table of projected values through 2023. The additional annual working capital requirements for 2019 will be $ thousand. (Round to the nearest integer.) Table of projected values Projected values $(000s) Accounts Receivable Inventory Cash Accounts Payable 2018 14,279 14,906 11,942 11,965 2019 15,624 16,427 13,111 13,161 2020 17,141 18,082 14,427 14,496 2021 18,803 19,875 15,808 15.842 2022 20,676 21,719 17,333 17,251 2023 23,556 23,724 19,092 19.480 Print Done Under the assumption that KXS's market share will be 0.27% higher in each subsequent year, you determine that the plant will require an expansion in 2020. The expansion will cost $20.2 million. Assuming that the financing of the expansion will be delayed accordingly (end of 2020), calculate the projected interest payments and the amount of the projected interest tax shields through 2023 (assuming that KXS still uses a 10-year bond, interest rates remain the same at 7.2%, and KXS's tax rate is 35%). 2021 $4.357 2022 $4.357 Current values ($000) Outstanding debt before expansion Interest on debt before expansion Interest tax shield before expansion 2018 $4.357 $314 $110 2019 $4,357 $314 $110 2020 $4.357 $314 $110 2023 $4.357 S314 S110 $314 $314 $110 $110 ... The total projected interest payments starting in 2021 will be $ (Round to the nearest dollar.) Assuming that KXS's market share will increase by 0.26% per year, you determine that the plant will require an expansion in 2020. The expansion will cost 21.6 million. Assume the following: the financing of the expansion will be delayed accordingly (end of 2020), KXS uses a ten-year bond, interest rates remain the same, and KXS's tax rate is 35%. Using the accompanying table of projected values, calculate KXS's additional annual working capital requirements through 2023. 5 Click the icon to view the table of projected values through 2023. The additional annual working capital requirements for 2019 will be $ thousand. (Round to the nearest integer.) Table of projected values Projected values $(000s) Accounts Receivable Inventory Cash Accounts Payable 2018 14,279 14,906 11,942 11,965 2019 15,624 16,427 13,111 13,161 2020 17,141 18,082 14,427 14,496 2021 18,803 19,875 15,808 15.842 2022 20,676 21,719 17,333 17,251 2023 23,556 23,724 19,092 19.480 Print Done Under the assumption that KXS's market share will be 0.27% higher in each subsequent year, you determine that the plant will require an expansion in 2020. The expansion will cost $20.2 million. Assuming that the financing of the expansion will be delayed accordingly (end of 2020), calculate the projected interest payments and the amount of the projected interest tax shields through 2023 (assuming that KXS still uses a 10-year bond, interest rates remain the same at 7.2%, and KXS's tax rate is 35%). 2021 $4.357 2022 $4.357 Current values ($000) Outstanding debt before expansion Interest on debt before expansion Interest tax shield before expansion 2018 $4.357 $314 $110 2019 $4,357 $314 $110 2020 $4.357 $314 $110 2023 $4.357 S314 S110 $314 $314 $110 $110 ... The total projected interest payments starting in 2021 will be $ (Round to the nearest dollar.)

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