Alex Corporation makes trailers for trucks. During the past few days, the company's accountants have been preparing the master budget for 2000 . To date, they have gathered the following projected data:

Required: 1. Prepare a pro-forma income statement for 2000 (contribution margin approach). 2. Prepare a pro-forma balance sheet as of December 31, 2000. 3. Prepare a pro-forma statement of cash flows for 2000.

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For the Year Ended December 31, 2000: Sales revenue. Variable selling expenses Variable administrative expenses Interest expense....... Cost of goods sold (variable costs only) Fixed manufacturing expenses Fixed administrative expenses. Fixed selling expenses $10,127,200 448,000 672,000 67,200 5,600,000 784,000 492,000 336,000