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Blank 1 Answers: $4105643, $4254644, or $4254643

Blank 2 Answers: $821072, $597143, or $970357

Blank 3 Answers: $5075716, $5374286, or $4851786

Blank 4 Answers: $1030071, $231393 or $298571

Blank 5 Answers: $418000, $731500, or $836000

Blank 6 Answers: $231393, $962893, or $298571

Blank 7 Answers: $395606, $1127106, $626999

Blank 8: $2.82, $3.17, $2.88

Given your findings for Anderson Animations Inc. above, construct an income statement using the revised format. For simplicity's sake-and for this portion of the problem only-assume the following: Any semivariable cost is composed of a 50% variable-cost component and a 50% fixed-cost component. (Remember, in actuality, these percentages will differ depending on the source of the cost.) All of the company's tax expense consists of sales and income taxes, and thus, varies proportionately with Anderson's sales. All dollar amounts-except the firm's earnings per share (EPS)-should be rounded to the nearest whole dollar. The company's EPS should be expressed to two decimal places. Anderson Animations Inc. Income Statement for the Year Ending December 31 $7,464,285 Net sales Less: Variable operating costs Fixed operating costs Total operating costs Earnings before interest and taxes (EBIT) Less: Fixed capital costs Earnings before taxes (EBT) Less: Income taxes (Variable, 35%) Earnings after taxes (EAT) 2,388,570 2,089,999 $1,358,499 Less: Fixed capital costs Earnings available to common shareholders Earnings per share (EPS) 400,000 shares

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