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Your pro forma income statement shows sales of $1,012,000, cost of goods sold as $510,000, depreciation expense of $96,000, and taxes of $101,500 due

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Your pro forma income statement shows sales of $1,012,000, cost of goods sold as $510,000, depreciation expense of $96,000, and taxes of $101,500 due to a tax rate of 25%. What are your pro forma earnings? What is your pro forma free cash flow? Complete the pro forma income statement below: (Round to the nearest dollar.) Sales Cost of Goods Sold $ EA $ Gross Profit Depreciation $ $ EBIT $ Taxes (25%) Earnings $

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