Required information [The following information applies to the questions displayed below.] Fanning Company is a retail company that specializes in selling outdoor camping equipment. The company is considering opening a new store on October 1, year 1. The company president formed a planning committee to prepare a master budget for the first three months of operation. As budget coordinator, you have been assigned the following tasks. h. Prepare a pro forma income statement for the quarter. i. Prepare a pro forma balance sheet at the end of the quarter. j. Prepare a pro forma statement of cash flows for the quarter. Complete this question by entering your answers in the tabs below. Required H Required I Required J Prepare a pro forma income statement for the quarter. FANNING COMPANY Pro Forma Income Statement For the Quarter Ended December 31, year 1 0 0 $ 0 Required H Required I > Complete this question by entering your answers in the tabs below. Required H Required I Required J Prepare a pro forma balance sheet at the end of the quarter. (Amounts to be deducted should be indicated by a minus sign.) FANNING COMPANY Pro Forma Balance Sheet Assets Total assets Liabilities Equity Total liabilities and equity December 31, year 1 0 $ 0 $ 0 < Required H Required J > Complete this question by entering your answers in the tabs below. Required H Required I Required J Prepare a pro forma statement of cash flows for the quarter. (Amounts to be deducted should be indicated by a minus sign.) FANNING COMPANY Pro Forma Statement of Cash Flows For the Quarter Ended December 31, year 1 Cash flows from operating activities Net cash flows from operating activities Cash flows from investing activities Cash flow from financing activities < Required I Required J > $ 0 $ 0