1191323 Me = Coll us : +97(0/2)-2-2982000 89 E-mail: help@ritaj.ps on 2 Hat you Anored Morked out of Eventati, Inc. is preparing pro forma financial statements for 2020. Eventati utilized the percent of sales method to estimate costs for the next year. Sales in 2019 were $2 milion and are expected to increase to $2.4 million in 2020. The firm has a 40 percent tax rate. P Plog question # $200,000 of the cost of good old and $40,000 of selling expense are fixed costs and the interest expense and dividends are not expected to change, what is the dollar effect on net income and retained earings Income Statement Eventoli. Inc. For the Year Ended December 31, 2019 Variable Cost of goods sold of 2020 Choose Forecasted sales of 2020 Choose . Interest Expense of 2020 Choose to Rotoned coming Choose