Pro forma income statement. Given the income statement in the popup window, B:, for California Cement Company for 2013 and an expected sales growth rate of 7.25% for 2014, prepare a pro forma income statement for 2014. First, find the percentage of each income statement line from 2013 as a percent of sales. (Round to three decimal places.) i Data Table California Cement Company Income Statement for 2013 Sales revenue $ 22,896,000L Cost of goods sold $ -11,624,000L Selling, general, and administrative expenses $ -3,968,000 Depreciation expenses $ -1,367,000 EBIT $ 5,937,000 Interest expense -171,000 Taxable income 5,766,000 Taxes $ -2,526,924 Net income $ 3,239,076 California Cement Company Income Statement for 2013 Sales revenue $ Cost of goods sold Selling, general, and administrative expenses Depreciation expenses 4 4 EBIT 22,896,000 -11,624,000 -3,968,000 -1,367,000 5,937,000 -171,000 5,766,000 -2,526,924 3,239,076 Interest expense Taxable income Taxes Net income Print Done