On June 30, 2023, BigCo Inc. completed the acquisition of 100% of Lilco Enterprises. Fair values of acquired asset equaled predecessor book value

except for intangible assets which were worth $20,000,000 and had a 5 year life. The acquisition price was $60,000,000 paid in a note payable

to the seller bearing interest at 8% which was deemed to be a fair rate of interest

Assume income tax rate of 0%

Lilco Enterprises prepared the following stand-alone quarterly income statements for the four quarters in the year ended 12/31/23. These EXCLUDE all impacts of acquisition accounting.

Consolidated net income of BigCo for the year ended 12/31/23 was as follows:

What amount is pro-forma consolidated revenue for BigCo for 2023 assuming the acquisition had happened at the beginning of the year

What amount would the pro-forma consolidated pretax income of Parent be for 2023 assuming the acquisition had happened as the beginning of the year?

\begin{tabular}{|l|r|r|} \hline Revenues & & 152,500,000 \\ \hline Costs of sales & & (100,000,000) \\ \hline Operating expenses & & (38,500,000) \\ \hline Amortization & & (2,000,000) \\ \hline Interest expense & & (2,400,000) \\ \hline \multicolumn{1}{|c|}{ Pretax income } & & 9,600,000 \\ \hline \hline \end{tabular}