nancial Statements and LOH 9. Calculating Retained Earnings from Pro Forma Income (LO3) Consider the following statement of comprehensive income for the Dartmoor Corporation: DARTMOOR CORPORATION Statement of Comprehensive Income Sales Costs Taxable income Taxes (349) Net income Dividends Addition to retained earnings $47,000 31,300 $15,700 5,495 $10,205 $2,500 7,705 a A 20% growth rate in sales is projected. Prepare a pro forma statement of comprehensive income assuming costs vary with sales and the dividend payout ratio is constant. What is the projected addition to retained earnings