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Please calculate the projected financial information for 2019E & 2020E. The growth rate is 21%....

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Accounting

Please calculate the projected financial information for 2019E & 2020E. The growth rate is 21%.

Revenue 2017A 2018A 2019E 2020E
Total Revenue $7,766,000 $7,782,000
Cost of Revenue $4,299,000 $4,445,000
Gross Profit $3,467,000 $3,337,000
Operating Expenses
Selling General and Administrative $2,303,000 $2,382,000
Total Operating Expenses $6,760,000 $7,000,000
Operating Income or Loss $1,006,000 $782,000
Incoming from Continuing Operations
Total Other Income/Expenses Net ($2,000) ($204,000)
Earnings Before Interest and Taxes $1,006,000 $782,000
Interest Expense ($11,000) ($12,000)
income Before Tax $1,004,000 $578,000
Income Tax Expense $340,000 $294,000
Net Income From Continuing Ops $664,000 $284,000
Net Income per Common Share - Basic 4.91 2.22
Net Income Applicable to Common Shares $134,000 $127,200

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