please help due in an hour

Integrative-Pro forma statements Red Queen Restaurants wishes to prepare financial plans, Use the financial statements and the other information provided here prepare the financial plans. The following financial data are also avalable: (1) The firm has estimated that its sales for 2020 will be $900,500. (2) The firm expects to pay $34,500 in cash dividends in 2020 . (3) The firm wishes to maintain \& minimum cash balanco of $32,000. (4) Accounts receivable represent approximately 21% of annual sales. (5) The firm's ending inventory will change directify with changes in sales in 2020. (6) A new machine costing $43,100 will be purchased in 2020. Total depreciation for 2020 will be $15,500. (7) Accounts payable will change directly in response to changes in sales in 2020. (8) Taxes payable. Will equal one-fourth of the tax liability on the pro forma income statement. (9) Marketabie securities, other current lablities, long-term debt, and common stock wil remain unchanged. a. Prepare a pro forma income statement for the year ended December 31, 2020, using the percent-of-sales method. b. Prepare a pro forma balance sheet dated December 31, 2020, using the judgmentaf approach. a. Prepare a pro forma income statement for the year ended December 31, 2020, using the percant-af-sales mothod. Complete the pro forma income statement for the yoar ended December 31, 2020 below: (Round to the nearest dollac. Round the percentage of sales to four decimal phaces.) Red Queen Restaurants Balance Sheet December 31, 2019