make the balance sheet balance. A) new fixed assets required B) addition to retained earnings C) cash D) external funding required 15) Dunweiler Inc., is developing a pro forma income statement for the coming year. The chief financial officer estimates that sales will be $150,000,000. If gross profits are historically 36% of sales, what is the expected cost of goods sold in dollars)? A) $36.000.000 B) S54,000,000 C) $64.000.000 D) $96,000,000 16) Dunweiler Inc., is developing a pro forma income statement for the coming year. The chief financial officer estimates that sales will be $150,000,000. If selling, general, and administrative expenses (SGA) are historically 18% of sales, what are the expected SGA expenses (in dollars)? A) $18,000,000 B) $27,000,000 C) $30,000,000 D) $41,000,000