Forecasted Income Statement (20 points: 5 for showing work, 15 for accuracy) Sales (all on credit) Cost of Goods Sold Gross Profit Selling and Administrative Expense Rent Expense Depreciation Expense Operating profit (EBIT) Interest expense Net Income before Taxes Taxes Net Income Shares Earnings per Share 2020 1,200,000 (800,000) 400,000 (224,900) (15,000) (65,000) 95,100 (35,000) 60,100 (36,900) 23,200 60,000 $0.39 DURA-CLEAR WINDOWS, LLC Proforma Income Statement 2021 1,500,000 (1,040,000) 460,000 (270,500) (15,000) (76,500) 98,000 (45,000) 53,000 (49,200) 3,800 60,000 $0.26 2022 167,300 (55,600) 111,700 78,000 2023 1,875,000 5,625,000 (1,105,000) 3,093,750 770,000 8,718,750 10,898,438 (363,700) (15,000) (139,000) 252,300 (85,000) $2.38 2024 2025 2026 2027 7,031,250 8,789,063 3,867,188 4,833,984 6,042,480 7,553,101

Forecasted Income Statement ( 20 points: 5 for showing work, 15 for accuracy) Forecasted Income Statement ( 20 points: 5 for showing work, 15 for accuracy)