Pro forma income statement. Given the income statement in the popup window, , for California Cement Company for 2013 and an expected sales growth rate of 7.01% 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.) California Cement Company Data Table Income Statement for 2013 Sales revenue $ % 22,885,000 -11,626,000 $ % California Cement Company Cost of goods sold Selling, general, and administrative expenses Depreciation expenses $ -4,027,000 % Income Statement for 2013 $ -1,355,000 % Sales revenue $ 22,885,000 -11,626,000 EBIT $ 5,877,000 % $ Cost of goods sold Selling, general, and administrative expenses Interest expense $ -175,000 % $ 4,027,000 Taxable income $ 5,702,000 % Depreciation expenses S Taxes $ -2,498,876 % EBIT $ -1,355,000 5,877,000 -175,000 Net income $ 3,203,124 % Interest expense $ Taxable income $ 5,702,000 -2,498,876 Taxes $ Net income $ 3,203,124