Question: REQUIREDUse the information provided below to prepare the Pro Forma Statement of Comprehensive Income forthe year ended 3 1 December 2 0 2 4 .

REQUIREDUse the information provided below to prepare the Pro Forma Statement of Comprehensive Income forthe year ended 31 December 2024. The statement must include the gross profit, operating profit, profitbefore tax and profit after tax.(8 marks)INFORMATIONThe following figures have been extracted from the Statement of Comprehensive Income of BeckerLimited for the year ended 31 December 2023:RSales 1600000Cost of sales 960000Operating expenses 384000Interest expense 32000Additional information1. The sales forecast for the year ended 31 December 2024 is R2000000.2. Becker Limited uses the percentage-of-sales method to prepare its Pro Forma Statement ofComprehensive Income.3. The company has identified cost of sales, operating expenses and interest expense as varying inproportion to sales.4. Company tax is calculated at 27% of the profit before tax.

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