Step 2 Baldies' has forecasted sales revenue equal to $375,000 for 2017 All variable costs will be the same percentage of sales revenues as they were in 2016. Fixed Costs in 2017 will be the same as in 2016. Taxes will be 25% of Net Income in 2017. Interest owed in 2017 will be $4,322 d. From the information provided above, on a new sheet in your excel file construct a Pro Forma Income Statement for 2017. [10 pts.] On the "Responses" sheet, answer the following question: e. What will be Baldies' net profit margin in 2017? [4 pts.]