Question: I only need help with problem #2. The first problem has already been solved in Chegg by another user. The solution for question #1 is

I only need help with problem #2. The first problem has already been solved in Chegg by another user. The solution for question

I only need help with problem #2. The first problem has already been solved in Chegg by another user. The solution for question #1 is in this URL: https://www.chegg.com/homework-help/questions-and-answers/problem-proforma-statements-prepare-common-size-income-statement-given-following-informati-q29428777

Problem #1: Proforma Statements Prepare a common size income statement given the following information: Revenues = $100,000 COGS = $43,000 SG&A = $22,000 Depreciation = $10,000 Problem #2: Proforma Statements Prepare a pro forma income statement from the data and common size income statement from #1, assuming that the sales will grow by 5% and all expenses but interest and taxes will scale with sales

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