Your pro forma income statement shows sales of $977,000, cost of goods sold as $499,000, depreciation expense of $95,000, and taxes of $153,200 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 $ Cost of Goods Sold $ Gross Profit Depreciation $ EBIT $ Taxes (40%) $ $ Earnings