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Fill in Pro Forma Income Statement for Syn Bike Shop below. Pro Forma Income Statement for the 12-Month Period (Expected to) End December 31, 2022,

Fill in Pro Forma Income Statement for Syn Bike Shop below.

Pro Forma Income Statement for the 12-Month Period

(Expected to) End December 31, 2022, Prepared for Syn Bike Shop

Net sales

$70,000,000

Cost of goods sold

1.1) $_________

Gross margin

$44,000,000

Marketing expenses

Advertising expenses

$8,000,000

Freight/delivery expenses

1.2) $_________

$9,000,000

General & administrative expenses

Administrative salaries

$5,600,000

Other administrative expenses

$2,200,000

1.3) $__________

Net profit before (income) tax

1.4) $__________

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