1. Forecast the separate financial statements of Parent Inc. Using Ms. Franklin's assumptions and Parent's 2016 financial statements, prepare pro forma 2019 financial statements for Parent Inc., assuming that the acquisition is not attempted. Support your statements with appropriate work papers and journal entries. Pro forma financial statements include a statement of operation, a statement of retained earnings, a balance sheet, and a cash flow statement.
2. Create a multimedia piece (such as a narrated power point slides with at least a 2-3 minute narration) summarizing your solution in the assignment section of week 3. Do not make it available to the class.

Note:Course Project Requirement 1 Solution Template