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Pro forma income statement. Given the income statement in the popup window, m. for California Coment Company for 2013 and an expected sales growth rate

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Pro forma income statement. Given the income statement in the popup window, m. for California Coment Company for 2013 and an expected sales growth rate of 6.82% for 2014, prepare a profoma income statement for 2014 Fiest, find the percentage of each income statement line from 2013 as a percent of sales (Round to Ihree decimal places) California Cement Company Income Statement for 2013 Sales revenue $ 22.883.000 Cont of goods sold 5 11.510.000 Selling general and administrative expenses $ 4088.000 Doprocation expensos 5 1368.000 EBIT $ 5.017.000 interest 9 30.000 Tatable income 5.637000 Toxes 3 2.470301 Net Income 3.166.600 What is the sales forecast for 2014) California Cement Company Pro Forma Income Statement for 2014 Sales revenue $ Cost of goods sold $ Selling general, and administrative expenses $ S Depreciation expenses EBIT $ 100.00 % 50.736 % 17.865% 5.978% 25.421 % 0.787% 24 6349 S S Interest expense Taxable income Taxes 10.79696 S 13.838 % Net income California Cement Company Income Statement for 2013 Sales revenue $ $ 22,883,000 -11,610,000 -4,088,000 -1,368,000 Cost of goods sold Selling, general, and administrative expenses Depreciation expenses EBIT $ $ $ $ Interest expense $ Taxable income $ $ 5,817,000 -180,000 5.637,000 -2.470,391 3,166,609 Taxes Net income $

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