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

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Part $1$

Complete the pro forma income statement$$ below:$($Round to the nearest$$ dollar.$)$

Sales

$

Cost of Goods Sold

$

Gross Profit

$

Depreciation

$

EBIT

$

Taxes $(25\%)$

$

Earnings

$