1 of 20 (0 comple) HW Score: 0% 0 of 2 Score: 0 of 1 pt Warm-Up 4-5 (similar to) Question Help Rimier Corp. forecasts sales of $551,000 for 2020. Assume the firm has fixed costs of $243.000 and variable contamounting to 37% of sales Operating expenses are estimated to indude fred cost of $35.000 and a variable portion equal to 6.5% of sales Interest expenses for the coming year are estimated to be $25,000 Emate Rimier's net profites before taxes for 2020 Compute the estimated net profits before taxes below. (Round to the nearest dollar) Riler Corp Pro Forma Income Statement 2020 Sales revenue $ Less Cost of goods sold $ Fixed cost Variable cost Gross profits $ Less: Operating expenses $ Fed Expense Variable expenses Operating profits 5 Loss Interest expense (all fixed) Net profits before tres 5 Enter any number in the edit Delds and then click Check Answer CA Check AS at showing