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LUUT Pro forma income statement. Given the income statement in the popup window for National Beverage Company for 2013 and an expected sales growth rate

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LUUT Pro forma income statement. Given the income statement in the popup window for National Beverage Company for 2013 and an expected sales growth rate of 4 26% for 2014, prepare a proforma income statement for 2014 First, find the percentage of each income statement line from 2013 as a percent of sales (Round to three decimal place) National leverage C Icon Statement for 2011 Sales revenue $ 24062000 Cost of goods sold 5 -8.118.000 Selin general and administrative expenses S -7.504000 Depreciation expenses $ -2.383.000 EBIT $ 6.057.000 all 1 s Help Depreciation expenses EBIT 5 2000 6.057,000 219.000 5 830 000 2558,479 Interest expense Taxable income Taxes Net Income 5 5 $ 3279,522 National Beverage Company Income Statement for 2013 $ Sales revenue Cost of goods sold Selling. general, and administrative expenses Depreciation expenses 24,062,000 -8,118,000 -7,504,000 -2,383,000 |EBIT 8,057,000 Interest expense 219,000 Taxable income $ 5,838,000 Taxes $ -2,558,478 Net income 3,279,522

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