Prepare the Pro Forma Income Statement with Vertical Analysis for XYZ Company for the Quarter Ended December 31, 2021 Use the following projected information Sales $211,219 Cost of Goods Sold $126,731, Salaries Expense $31,683 Depreciation Expense $6,000 Other Operating Expenses $21,122 USE TEMPLATE BELOW XYZ Company Pro Forma Income Statement Quarter Ending December 31, 2021 Vertical Analysis Sales Cost of Goods Sold Gross Profit Operating Expenses Salaries Expense Depreciation Expense Other Operating Expenses Total Operating Expenses Net Income 1 Prepare the Pro Forma Income Statement with Vertical Analysis for XYZ Company for the Quarter Ended December 31, 2021 Use the follwing projected information Sales $211,219 Cost of Goods Sold $126,731, Salaries Expense $31,683 Depreciation Expense $6,000 Other Operating Expenses $21,122

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Question: Prepare the Pro Forma Income Statement with Vertical Analysis for XYZ Company for the Quarter Ended December 31, 2021. Use the following projected information: Sales-$211,219;

Prepare the Pro Forma Income Statement with Vertical Analysis for XYZ Company for the Quarter Ended December 31, 2021.

Use the following projected information:

Sales-$211,219; Cost of Goods Sold; $126,731, Salaries Expense-$31,683; Depreciation Expense-$6,000; Other Operating Expenses-$21,122

USE TEMPLATE BELOW

XYZ Company
Pro Forma Income Statement
Quarter Ending December 31, 2021

		Vertical Analysis
Sales
Cost of Goods Sold
Gross Profit
Operating Expenses:
Salaries Expense
Depreciation Expense
Other Operating Expenses
Total Operating Expenses
Net Income

\#1. Prepare the Pro Forma Income Statement with Vertical Analysis for XYZ Company for the Quarter Ended December 31, 2021. Use the follwing projected information: Sales-\$211,219; Cost of Goods Sold; $126,731, Salaries Expense-\$31,683; Depreciation Expense-\$6,000; Other Operating Expenses-\$21,122

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