P 9-9 (similar to) 15 Question Help Your pro forma income statement shows sales of $952,000, cost of goods sold as $494,000, depreciation expense of $96,000, and taxes of $144,800 due to a tax rate of 40%. What are your pro forma earnings? What is your pro forma free cash flow? Complete the pro forma income statement below: (Round to the nearest dollar.) Sales S $ Cost of Goods Sold Gross Profit $ $ Depreciation EBIT $ Taxes (40%) $ Earnings $