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 6.99% 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.) Data Table X - % % California Cement Company Income Statement for 2013 Sales revenue $ 22,897,000 Cost of goods sold $ -11,658,000 Selling, general, and administrative expenses $ -4,096,000 Depreciation expenses $ -1,368,000 EBIT $ 5,775,000 Interest expense $ -170,000 Taxable income $ 5,605,000 Taxes $ -2,456,367 % % California Cement Company Income Statement for 2013 $ 22,897,000 % $ % Sales revenue Cost of goods sold Selling, general, and administrative expenses Depreciation expenses EBIT -11,658,000 4,096,000 $ % $ % -1,368,000 $ Net income $ 3,148,633 % Interest expense $ Taxable income $ 5,775,000 -170,000 5,605,000 -2,456,367 3,148,633 Taxes $ Net income $ $ Enter any number in the edit fields and then click Check Answer. Print Done 2 pemaining Cle