2020 1,000 400 600 Income Statement Revenues $ Cost of Goods Sold Gross Profit Maintenance Expense $50 Wage Expense 100 Operating Expenses Earn Before Interest & Tax Interest Expense Earnings Before Taxes Income Tax Expense Net Income $ 150 450 100 350 150 200 Revenues in 2021 are forecasted to be $1,200. Construct a 2021 forecasted income statement using the "percent of sales" forecasting method