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Pro forma income statement. Given the income statement in the popup window EBl for Califormnia 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 EBl for Califormnia Cement Company for 2013 and an expected sales growth rate of 7.028967% for 2014, prepare a pro forma income statement for 2014. First find the percentage of each income staterment line from 2013 as a percent of sales.(Round to three decimal places. California Cement Comp Income Statement for 2013 22,923,000 $11.713,000 Selling, general, and administrative expensesS4.043.000 S1.420,000 S 5.747,000 Sales revenue Cost of goods sold EBIT nterest eoxpense Taxable income Taxes Net Income $ 173,000 $ 5,574,000 $1,723,000 3,851,000 What is the sales forecast for 2014

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