Question: please highlight the answer Your pro forma income statement shows sales of $996,000, cost of goods sold as $524,000, depreciation expense of $102,000, and taxes

please highlight the answer Your pro forma income statement shows sales

please highlight the answer

Your pro forma income statement shows sales of $996,000, cost of goods sold as $524,000, depreciation expense of $102,000, and taxes of $92,500 due to a tax rate of 25%. 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.)

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