Due Aug 24 by 12:59am Points 30 Available after Aug 16 at 12:59am Submitting a file upload Requirements: Using Microsoft Excel to create a pro-forma income statement based on the following assumptions van Sales for first month $60000 Cost of sales = 42% of sales, all variable Operating expenses = $10,000 fixed plus 5% of sales Tax rate 30% Sales increased by 5% each month Next hop $ 96 & "3 5 0) 7 8 9 o E R T Y U O P F G . J K K L cv . N M