Using data from CABS, create pro forma income statements for 2017. CABS expects sales to increase by 5% (worst case), 10% (most likely) or 15% (best case).

2016
Sales	$	1,680.0
COGS		910.4
Gross profits (EBITDA)		769.6
Less: Operating expenses
SG&A		389.0
Depreciation		79.0
Total operating expenses		468.0
EBITDA		301.6
Depreciation and amortization		79.0
EBIT		222.6
Interest expense		25.0
EBT		197.6
Taxes (40%)		79.0
Net income	$	118.6