Need ASAP:

Pro Forma Income Statement model with appropriate use of modeling assumptions for key accounts and variables. (Use data from year 2020 to make projection for next year)

B 0 Nike Inc. Income Statement US$ in millions 12 months ended: 3 1 2 3 4 5 6 Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Selling and administrative expense Operating income Interest income Interest expense Interest income (expense), net Other income (expense, net Income before income taxes Income tax expense Net income May 31, 2020 37,403 (21,162) 16,241 (3,592) 19,534) (13,126) 3.115 62 (151) (89) (139) 2,887 (348) 2,539 May 31, 2019 39,117 (21,643) 17,474 (3,753) (8,949) (12,702) 4,772 82 (131) (49) 78 4,801 (772) 4,029 May 31, 2018 36,397 (20,441) 15,956 (3,577) (7,934) (11,511) 4,445 70 (124) (54) (66) 4,325 (2,392) 1,933 9 0 B 0 Nike Inc. Income Statement US$ in millions 12 months ended: 3 1 2 3 4 5 6 Revenues Cost of sales Gross profit Demand creation expense Operating overhead expense Selling and administrative expense Operating income Interest income Interest expense Interest income (expense), net Other income (expense, net Income before income taxes Income tax expense Net income May 31, 2020 37,403 (21,162) 16,241 (3,592) 19,534) (13,126) 3.115 62 (151) (89) (139) 2,887 (348) 2,539 May 31, 2019 39,117 (21,643) 17,474 (3,753) (8,949) (12,702) 4,772 82 (131) (49) 78 4,801 (772) 4,029 May 31, 2018 36,397 (20,441) 15,956 (3,577) (7,934) (11,511) 4,445 70 (124) (54) (66) 4,325 (2,392) 1,933 9 0