Kokomochi is considering the launch of an advertising campaign for its latest dessert? product, the Mini...

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Kokomochi is considering the launch of an advertising campaignfor its latest dessert? product, the Mini Mochi Munch. Kokomochiplans to spend $ 4.4 million on? TV, radio and print advertisingthis year for the campaign. The ads are expected to boost sales ofthe Mini Mochi Munch by $ 9.2 million this year and $ 7.2 millionnext year. In? addition, the company expects that new consumers whotry the Mini Mochi Munch will be more likely to try? Kokomochi'sother products. As a? result, sales of other products are expectedto rise by $ 1.9 million each year. ?Kokomochi's gross profitmargin for the Mini Mochi Munch is 32 %?, and its gross profitmargin averages 20 % for all other products. The? company'smarginal corporate tax rate is 30 % both this year and next year.What are the incremental earnings associated with the advertising?campaign?
Complete the table for year 1? below:???(Round to the nearest?dollar.)
Incremental earnings forecast
Year 1
Sales of Mini Mochi Munch
$
Other sales
Cost of goods sold
Gross profit
$
Selling, general and admin. expenses
Depreciation
0
EBIT
$
Income tax at 30%
Unlevered net profit
$
Complete the table for year 2? below:???(Round to the nearest?dollar.)
Incremental earnings forecast
Year 2
Sales of Mini Mochi Munch
$
Other sales
Cost of goods sold
Gross profit
$
Selling, general and admin. expenses
Depreciation
0
EBIT
$
Income tax at 30%
Unlevered net profit
$

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Kokomochi is considering the launch of an advertising campaignfor its latest dessert? product, the Mini Mochi Munch. Kokomochiplans to spend $ 4.4 million on? TV, radio and print advertisingthis year for the campaign. The ads are expected to boost sales ofthe Mini Mochi Munch by $ 9.2 million this year and $ 7.2 millionnext year. In? addition, the company expects that new consumers whotry the Mini Mochi Munch will be more likely to try? Kokomochi'sother products. As a? result, sales of other products are expectedto rise by $ 1.9 million each year. ?Kokomochi's gross profitmargin for the Mini Mochi Munch is 32 %?, and its gross profitmargin averages 20 % for all other products. The? company'smarginal corporate tax rate is 30 % both this year and next year.What are the incremental earnings associated with the advertising?campaign?Complete the table for year 1? below:???(Round to the nearest?dollar.)Incremental earnings forecastYear 1Sales of Mini Mochi Munch$Other salesCost of goods soldGross profit$Selling, general and admin. expensesDepreciation0EBIT$Income tax at 30%Unlevered net profit$Complete the table for year 2? below:???(Round to the nearest?dollar.)Incremental earnings forecastYear 2Sales of Mini Mochi Munch$Other salesCost of goods soldGross profit$Selling, general and admin. expensesDepreciation0EBIT$Income tax at 30%Unlevered net profit$

Incremental earnings forecast	Year 1
Sales of Mini Mochi Munch	$
Other sales
Cost of goods sold
Gross profit	$
Selling, general and admin. expenses
Depreciation		0
EBIT	$
Income tax at 30%
Unlevered net profit	$

Incremental earnings forecast	Year 2
Sales of Mini Mochi Munch	$
Other sales
Cost of goods sold
Gross profit	$
Selling, general and admin. expenses
Depreciation		0
EBIT	$
Income tax at 30%
Unlevered net profit	$