Question: 4. Prepare pro-forma income statement for 2019 by using income statement for Bakers Electronics 2018 Sales 1,500 (1,050) 450 (225) __(50) COGS Gross profit Operating

4. Prepare pro-forma income statement for 2019 by using income statement for Bakers Electronics 2018 Sales 1,500 (1,050) 450 (225) __(50) COGS Gross profit Operating costs Depreciation expense EBIT 175 Interest expense _(10) EBT 165 Income taxes (58) 107 Net income Dividends 20 Addition to RE 87 4. Prepare pro-forma income statement for 2019 by using income statement for Bakers Electronics 2018 Sales 1,500 (1,050) 450 (225) __(50) COGS Gross profit Operating costs Depreciation expense EBIT 175 Interest expense _(10) EBT 165 Income taxes (58) 107 Net income Dividends 20 Addition to RE 87

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