You are evaluating a new product. In year $3$ of your analysis, you are projecting pro forma sales of $$5\mathrm{.}5$ million and cost of goods sold of $$3\mathrm{.}30$ million. You will be depreciating a $$1\mathrm{.}7$ million machine for $5$ years using straight$-$line depreciation. Your tax rate is $30\%.$ Finally, you expect net working capital to increase from $$210,000$ in year $2$ to $$300,000$ in year $3.$ What are your pro forma earnings for year. $3?$ What is your pro forma free cash flow for year $3?$

Complete the following pro forma statement. $($Round to the nearest dollar.$)$

$\backslash$table$[[$Pro Forma Income Statement,Year $3],[$Sales$,$$