Your pro forma income statement shows sales of $964,000, cost of goods sold as $497,000, depreciation expense of $100,000, and taxes of $91,750 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 Gross Profit Depreciation EBIT Taxes (25%) Earnings $ $ $ $ $ $ $ 33 Scr 3-0

Your pro forma income statement shows sales of $964,000, cost of goods sold as $497,000, depreciation expense of $100,000, and taxes of $91,750 due to a tax rafe of 25%. Wh are your pro forma eamings? What is your pro forma free cash flow? Complete the pro forma income statement below: (Round to the nearest dollar)