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Your pro forma income statement shows sales of $2,000,000, cost of goods sold as $400,000, depreciation expense of $100,000, and taxes of $160,000 due to

Your pro forma income statement shows sales of $2,000,000, cost of goods sold as $400,000, depreciation expense of $100,000, and taxes of $160,000 due to a tax rate of 40%. What are your pro forma earnings? What is your pro forma free cash flow?

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