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Question Help P12-10 (similar to) Proforma income statement. Given the income statement in the popup window. 2. California Cement Company for 2013 and an expected

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Question Help P12-10 (similar to) Proforma income statement. Given the income statement in the popup window. 2. California Cement Company for 2013 and an expected sales growth rate of 6.57% for 2014, prepare a proforma income statement for 2014 First find the percentage of each income statement line from 2013 as a percent of tablet. (Round to three decimal places) California Cement Company Income Statement for 2013 $ Cost of goods sold Selling general, and administrative expenses Deprecation expenses EBIT $ $ - 11 687 000 -3.964.000 -1.340.000 5.346.000 -1000 5.676.000 $ $ Taxable income Taxes Net Income 5 $ 5 3.188.596 Data Table 22345.000 5 California Cement Company Income Statement for 2013 Sales revenue Cost of goods sold Selling general, and administrative pres Depreciation expenses EBIT est expense Table income S 5 -3964 -13 5,345.000 70 000 5 5.676.00 $ Net income $ 3.108.518 Print Done

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