Question: Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 QUESTION 17

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Question Completion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 QUESTION 17 2 Given the income statement below for Gamma Products corp. for 2020 and a 20% growth in sales for 2021, prepare a pro forma income statement. Income Statement 2020 2021 Sales revenue 36,800 COGS 12,400 SG&A Expenses 7,200 Depreciation 3,300 EBIT 13,900 Interest Expenses 1.600 Tax Income 12,300 Taxes 3,690 Net Income 8,610 Clit Sand Submutta samandes soners to sa

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