$2.$ Based on the income statements created in Questions $1,$ create a forecasted income statement on the worksheet $$Q$2\_$Pro$-$forma IS$$ for $2022.$ Assume that:

$1)$ Each income statement item remains in the same proportion as in

$2021.$

$2)$ The forecasted sales for $2022$ are $$9,000,000.$

$3)$ Fixed expenses and interest expense will not change for $2022.$

$4)$ Changes in depreciation expenses are proportional to changes in

sales for $2022.$

$5)$ The tax rate and the number of shares outstanding for $2022$ are

the same as those in $2021.$