1.1 - 1.3: Fill in Pro Forma Income Statement for Syn Bike Shop below.

Pro Forma Income Statement for the 12-Month Period (Expected to) End December 31, 2022, Prepared for Syn Bike Shop
Net sales			$70,000,000
Cost of goods sold			1.1) $_________
Gross margin			$44,000,000
Marketing expenses
	Advertising expenses	$8,000,000
	Freight/delivery expenses	1.2) $_________	$9,000,000
General & administrative expenses
	Administrative salaries	$5,600,000
	Other administrative expenses	$2,200,000	1.3) $__________
Net profit before (income) tax			1.4) $__________