Your pro forma income statement shows sales of $1,045,000, cost of goods sold as $494,000, depreciation expense of $95,000, and taxes of $182,400 due to a tax rate of 40%. 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 $ $ 1045000 494000 Cost of Goods Sold Gross Profit $ 551000 Depreciation $ 95000 EBIT $ Taxes (40%) $ 182400 Earnings $