I would like to calculate the new inventory for the new pro forma balance sheet for the new location. The inventory turnover ratio is 3 that was was part of the instructions in the problem, the old inventory balance from the balance sheet is 1,5606.70, the old CGS from the Income Statement is 105,834.29 and the new CGS on the new pro forma Income Statement is 80% from the 105,834.29 from the previous Income Statement and is 84,667.43.