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Use the foxed and variable method to prepare a pro forma income statement for the year ended December 31, 2021, for Tesla, Inc. Tesla, Inc.

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Use the foxed and variable method to prepare a pro forma income statement for the year ended December 31, 2021, for Tesla, Inc. Tesla, Inc. estimates that its sales in 2021 will be 500000 The firm plans to pay cash dividends of 7000 during 2021. Tesla, Inc.'s income statement for the year ended December 31, 2020 is shown below: Income statement Tesla, Inc. For the year ended December 31, 2020 Sales Revenue $200000 Less: Cost of Goods sold fixed $50000 $50000 variable Gross profits Less: Operating expenses fixed $700000 5000 5000 variable $90000 Operating profits Less: Interest expense 10000 Profit before tax $80000 Les Taxes (409) 32000 $48000 Net profit alter taxes Lens Ciasn dividend co 10000 What is the company's cost of goods sold in the year 20212 What is the company's gross profit in the year 20212 What are the company's operating expenses in the year 20213 What is the company's operating profit in the vear 2021 2 What is the companys net income in the vec20213 how me te geniet Sannes

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