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Pro forma income statement. Given the income statement in the popup window, ! for California Cement 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, ! for California Cement Company for 2013 and an expected sales growth rate of 6,62% for 2014. prepare a pro forma income statement for 2014 First, find the percentage of each income statement line from 2013 as a percent of sales. (Round to three decimal places) % California Comment Company Income Statement for 2013 Sales revenue $ 22.894 000 Cost of goods sold $ -11,619.000 Selling general, and administrative expenses 5 -3.958.000 Depreciation expenses $ -1,393.000 EBIT 5 5.924,000 Interest expense 5 176.000 FANART A Check Answer o Question Help Pro forma income statement. Given the income statement in the popup window for California Cement Company for 2013 and an expected sales growth rate of 6.62% for 2014, prepare a pro forma income statement for 2014 mcomo tamo Sales revenue $ 22,194 000 Cost of goods sold 5 -11,619,000 Selling, general, and administrative expenses 5 -3.958.000 Depreciation expenses S - 1,393000 EBIT 5 5,924,000 Interest expense $ -176.000 Taxable income $ 5,748000 Taxos $ 2,519,036 Net Income $ 3,228.964 Callfomla Cement Company Income Statement for 2013 Sales revenus 22,894,000 -11.819.000 Cost of goods sold Selling, general, and administrative expenses Depreciation expenses |EBIT $ -3.968,000 -1.393.000 5,924.000 -176.000 5.748,000 2,519,036 Interest expense Taxable income Taxes $ Net Income $ 3,228,964

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