2.1 REQLARED Use the information provided below to prepare the Pro-forma Statement of Comprehensive Income for the year ended 31 December 2023. (Note: The statement must reflect the gross profit, operating profit, profit before tax and profit after tax.) INFORMATION The following figures have been extracted from the Statement of Comprehensive Income of Riptide Limited for the year ended 31 December 2022: Sales Cost of sales Operating expenses Interest expense Company tax Profit after tax 1. 2. 3. R 2 000 000 1 200 000 500 000 40 000 Additional information The sales forecast for the year ended 31 December 2023 is R2 400 000. The gross margin ratio for 2023 is expected to increase to 55%. Riptide Limited has identified operating expenses and interest expense as varying in proportion to sales. Company tax is calculated at 27% of the profit before tax. 4. 78.000 182 000 (10 marks)