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help me solve this : Integrativelong dashPro forma statements Red Queen Restaurants wishes to prepare financial plans. Use the financial statements and the other information

help me solve this : Integrativelong dashPro forma statementsRed Queen Restaurants wishes to prepare financial plans. Use the financial statements and the other information provided here LOADING... to prepare the financial plans. The following financial data are also available for next year:
(1) The firm has estimated that its sales will be $ 899 comma 900.
(2) The firm expects to pay $ 34 comma 900 in cash dividends.
(3) The firm wishes to maintain a minimum cash balance of $ 30 comma 300.
(4) Accounts receivable represent approximately 19% of annual sales.
(5) The firm's ending inventory will change directly with changes in sales.
(6) Red Queen will purchase new machine costing $ 42 comma 800 and have total depreciation of $ 16 comma 400.
(7) Accounts payable will change directly in response to changes in sales.
(8) Taxes payable will equal one-fourth of the tax liability on the pro forma income statement.
(9) Marketable securities, other current liabilities, long-term debt, and common stock will remain unchanged.
a. Prepare a pro forma income statement for next year, using the percent-of-sales method.

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