D 10. Bushman, Inc.'s 2019 income statement is given below: Sales $440,000 Revenue Cost of Goods $260,000 Sold Gross $180,000 Profit Selling & Admin. $66,000 Expenses Net $114,000 Income Bushman estimates that revenue will increase by 12% while cost of goods sold will increase by 10% in 2020. Selling and administrative expenses are expected to remain at the same percentage of sales as in 2019. What would Bushman's estimated net income for 2020 be on a pro forma income statement? Enter