These are my answers, I don't know if they are 100% correct and couldn't figure out the rest

Top executive officers of Preston Company, a merchandising firm, are preparing the next year's budget. The controller has provided everyone with the current year's projected income statement. Current Year Sales revenue $3,200,000 Cost of goods sold 2,240,000 Gross profit 960,000 Selling & admin. expenses 380,000 Net income $ 580,000 Cost of goods sold is usually 70 percent of sales revenue, and selling and administrative expenses are usually 10 percent of sales plus a fixed cost of $60,000. The president has announced that the company's goal is to increase net income by 15 percent. Required The following items are independent of each other. a-1. Prepare a pro forma income statement. PRESTON COMPANY Pro Forma Income Statement Sales revenue $ 3,635,000 Cost of goods sold 2,544,500 Gross profit 1,090,500 Selling & administrative expenses 423,500 Net income $ 667,000 a-2. What percentage increase in sales would enable the company to reach its goal? (Round your answer to 2 decimal places.) Increase in sales 13.59 % b. The market may become stagnant next year, and the company does not expect an increase in sales revenue. The production manager believes that an improved production procedure can cut cost of goods sold by 2 percent. b-1. Prepare a pro forma income statement still assuming the President's goal to increase net income by 15 percent. PRESTON COMPANY Pro Forma Income Statement Sales revenue $ 3,635,000 Cost of goods sold 2,493,610 Gross profit 1,141,390 Selling & administrative expenses 423,500 Net income $ 717,890b-2. Calculate the required reduction in selling & administrative expenses to achieve the budgeted net income. Reduction in selling & administrative expenses c-1. The company decides to escalate its advertising campaign to boost consumer recognition, which will increase selling and administrative expenses to $460,000. With the increased advertising, the company expects sales revenue to increase by 15 percent. Assume that cost of goods sold remains a constant proportion of sales. Prepare a pro forma income statement. PRESTON COMPANY Pro Forma Income Statement Sales revenue Cost of goods sold Gross profit Selling & administrative expenses Net income $ 0 c-2. Will the company be able to reach its goal? O Yes No