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Pro forma income statement. Given the income statement in the popup window. . for California Cement Company for 2013 and an expected sales growth rate of 6.78% for 2014, prepare a pro forma income statement for 2014 First, find the percentage of each income statement line from 2013 as a percent of sales (Round to three decimal places) California Cement Company Income Statement for 2013 Sales revenue $ 22,881,000 % $ -11.523,000 % $ 3,935,000 % Cost of goods sold Seiling, general, and administrative expenses Depreciation expenses EBIT $ -1.356,000 % $ % 5.967,000 179,000 Interest expense $ Taxable income $ 5.788,000 -2.536,566 Taxes 5 % Net income $ 3.251,434 % What is the sales forecast for 2014? (Round to the nearest dollar) The pro forma income statement for 2014 S. (Round to the nearest dollar) California Cement Company for California Cement Company for 2013 and an expected Pro forma income statement. Given the income statement in the popup window, sales growth rate of 6.78% for 2014, prepare a pro forma income statement for 2014 interest expense $ -179.000 Taxable income $ 5,788,000 Taxes $ 2,536,566 Net income $ 3.261,434 % % % % What is the sales forecast for 2014 (Round to the nearest dollar) The pro forma income statement for 2014 is: (Round to the nearest dollar) California Cement Company Pro Forma Income Statement for 2014 $ $ Sales revenue Cost of goods sold Selling, general, and administrative expenses Depreciation expenses 100 00 % 50.798 % 17 198 % $ $ 5.926% EBIT $ 26.078 % 0.782% Interest expense $ Taxable income $ 25.296 % 11 086 % Taxes $ $ 14.210% Net income ih California Cement Company Income Statement for 2013 Sales revenue $ 22,881,000 $ Cost of goods sold Selling, general, and administrative expenses Depreciation expenses -11,623,000 $ -3,935,000 S -1,356,000 EBIT $ 5,967 000 Interest expense 69 -179.000 Taxable income $ 5,788,000 Taxes A -2,536 566 Net income $ 3,251,434