2 Problem 7-23A Preparing a master budget for retail company with no beginning account balances LO 7. 2,7-3, 7-4, 7-5, 7-6 [The following information applies to the questions displayed below.) Munoz Company is a retail company that specializes in selling outdoor camping equipment. The company is considering opening a new store on October 1, 2019. The company president formed a planning committee to prepare a master budget for the first three months of operation. As budget coordinator, you have been assigned the following tasks: Problem 7-23A Part 2 h. Prepare a pro forma income statement for the quarter. 1. Prepare a pro forma balance sheet at the end of the quarter. J. Prepare a pro forma statement of cash flows for the quarter. ces Complete this question by entering your answers in the tabs below. Required H Required: Required) Prepare a pro forma income statement for the quarter MUNOZ COMPANY Pro Forma Income Statement For the Quarter Ended December 31, 2010 nl Complete this question by entering your answers in the tabs below. Required H Required 1 Required) Prepare a pro forma balance sheet at the end of the quarter. (Amounts to be deducted should be indicated by a minus sign.) MUNOZ COMPANY Pro Forma Balance Sheet December 31, 2019 Assets 0 0 Total assets Liabilities Equity Total liabilities and equity 0 Dend Complete this question by entering your answers in the tabs below. Required H Required I Required) Prepare a pro forma statement of cash flows for the quarter. (Amounts to be deducted should be indicated by a minus sign.) MUNOZ COMPANY Pro Forma Statement of Cash Flows For the Quarter Ended December 31, 2019 Cash flows from operating activities $ 0 Net cash flows from operating activities Cash flows from investing activities Cash flow from financing activities $ 0