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help 016 Morted to Top hon U Dercon los method to prepare a proforma income statement for the year ended December 31, 2072 for XYZ
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016 Morted to Top hon U Dercon los method to prepare a proforma income statement for the year ended December 31, 2072 for XYZ compar. At the end of 2021 the company had the tolowing informatore So 4.000.000 Cost of goods told 1.300.000 Operating expenses -100.000 inforest expense - 120.000 Taxrato 20% The comporw estimates that is soles in 2022 wil be 6700000 Cost of goods sold in 2022 Operating expenses in 2022 Hlorest expens in 2022 The company's retained cominos bance was 215.000 by the end of 2021 ondit pects to pay dende o 100.000 during 2022 What is the estimated retained earrings balonce by the end of 20229 Step by Step Solution
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