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The projected sales growth rate is 2 0 percent. Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio

The projected sales growth rate is 20 percent. Prepare a pro forma income statement assuming costs vary with sales and the dividend payout ratio is constant. (Do not round intermediate calculations and round your answers to the nearest whole number, e.g.,32.)
\table[[HEIR JORDAN CORPORATION],[Pro Forma Income Statement,],[Sales,],[Costs,],[Taxable income,],[Taxes,],[Net income,]]
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