Data table Pro Forma Income Statement Metroline Manulacturing, Inc. for the Year Ended December 31, 2020 (percent-of-sales method) Sales Less: Cost of goods sold Gross profits Less: Operating expenses Operating profits Less: Interest expense Net profits before taxies Less: Taxes Net profits after taxes Less: Cash dividends To retained earnings Pro Forma Income Statement Metroline Manufacturing, Inc. for the Year Ended December 31, 2020 (based on fixed and variable cost data) \begin{tabular}{l} \hline Sales \\ Less: Cost of goods sold \\ Fixed cost \\ Variable cost \\ Gross profits \end{tabular} Less: Operating expenses Fixed expense Variable expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes Less: Cash dividends To retained earnings Data table (For Income Staement, click on the icon here D in order to copy the contents of the data table below into a spreadsheet.) (For Breakdown of Costs and Expenses, click on the icon here 6 in order to copy the contents of the data table below into a spreadsheet.) mite their hoed and varatis components. b. Use fired and varukie ciev data to develos a pro focma nciene statersed for nexi year doteri Pre Forma ineome statement Metrotine Manufacthering, Ine. for the Year Ended December 31, 20:0 (persent-ef-siles mothod) Data table Pro Forma Income Statement Metroline Manulacturing, Inc. for the Year Ended December 31, 2020 (percent-of-sales method) Sales Less: Cost of goods sold Gross profits Less: Operating expenses Operating profits Less: Interest expense Net profits before taxies Less: Taxes Net profits after taxes Less: Cash dividends To retained earnings Pro Forma Income Statement Metroline Manufacturing, Inc. for the Year Ended December 31, 2020 (based on fixed and variable cost data) \begin{tabular}{l} \hline Sales \\ Less: Cost of goods sold \\ Fixed cost \\ Variable cost \\ Gross profits \end{tabular} Less: Operating expenses Fixed expense Variable expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes Net profits after taxes Less: Cash dividends To retained earnings Data table (For Income Staement, click on the icon here D in order to copy the contents of the data table below into a spreadsheet.) (For Breakdown of Costs and Expenses, click on the icon here 6 in order to copy the contents of the data table below into a spreadsheet.) mite their hoed and varatis components. b. Use fired and varukie ciev data to develos a pro focma nciene statersed for nexi year doteri Pre Forma ineome statement Metrotine Manufacthering, Ine. for the Year Ended December 31, 20:0 (persent-ef-siles mothod)