Go to the Earnings Projections worksheet. Pranjali has entered most of the income and expense data on the worksheet. She knows the income from municipal grants will be $25,000 in 2025, and estimates it will be $40,000 in 2029. She needs to calculate the income from municipal grants in the years 2026-2028. The grants should increase at a constant amount from year to year. Project the income from Municipal grants for 2026-2028 (cells D5:F5) using a Linear Trend interpolation. D5 F G X✓ fxv| B E Mount Moreland Hospital - Neighborhood Nurse Van 2 Earnings Projections 123456789 Income Municipal grants Federal grants Total Revenue 2025 $ 25,000 2026 2027 2028 2029 $ 40,000 72,000 Insurance reimbursements 345,000 $442,000 58,000 #VALUE! 58,000 55,000 55,000 550,000 #VALUE! $ 58,000 $ 55,000 $645,000
Go to the Earnings Projections worksheet. Pranjali has entered most of the income and expense data on the worksheet. She knows the income from municipal grants will be $25,000 in 2025, and estimates it will be $40,000 in 2029. She needs to calculate the income from municipal grants in the years 2026-2028. The grants should increase at a constant amount from year to year. Project the income from Municipal grants for 2026-2028 (cells D5:F5) using a Linear Trend interpolation. D5 F G X✓ fxv| B E Mount Moreland Hospital - Neighborhood Nurse Van 2 Earnings Projections 123456789 Income Municipal grants Federal grants Total Revenue 2025 $ 25,000 2026 2027 2028 2029 $ 40,000 72,000 Insurance reimbursements 345,000 $442,000 58,000 #VALUE! 58,000 55,000 55,000 550,000 #VALUE! $ 58,000 $ 55,000 $645,000
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter17: Business Tax Credits And The Alternative Minimum Tax
Section: Chapter Questions
Problem 4CE
Related questions
Question
Can someone let me know how to enter the formula in D5? I keep getting an error in the spreadsheet. Thank you.
Transcribed Image Text:Go to the Earnings Projections worksheet. Pranjali has entered most of the income and
expense data on the worksheet. She knows the income from municipal grants will be
$25,000 in 2025, and estimates it will be $40,000 in 2029. She needs to calculate the
income from municipal grants in the years 2026-2028. The grants should increase at a
constant amount from year to year.
Project the income from Municipal grants for 2026-2028 (cells D5:F5) using a Linear
Trend interpolation.
Transcribed Image Text:D5
F
G
X✓ fxv|
B
E
Mount Moreland Hospital - Neighborhood Nurse Van
2
Earnings Projections
123456789
Income
Municipal grants
Federal grants
Total Revenue
2025
$ 25,000
2026
2027
2028
2029
$ 40,000
72,000
Insurance reimbursements
345,000
$442,000
58,000
#VALUE!
58,000
55,000
55,000
550,000
#VALUE! $ 58,000 $ 55,000 $645,000
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