Use fixed and variable cost data to develop a pro forma income statement for the year ended December? 31, 2013.

Complete the pro forma income statement for the year ended December? 31, 2013? below:

(Round the percentage of sales to four decimal places and the pro forma income statement amounts to the nearest? dollar.)

Pro Forma Income Statement
Metroline Manufacturing, Inc.
for the Year Ended December 31, 2013
(based on fixed and variable cost data)
Sales	$	1,650,000
Less: Cost of goods sold	$	?
Fixed cost		220,000
Variable cost	$	?		?	%
Gross profits	$	?
Less: Operating expenses	$	?
Fixed expense		30,000
Variable expense	$	?		?	%
Operating profits	$	?
Less: Interest expense		37,000
Net profits before taxes	$	?
Less: Taxes	$	?
Net profits after taxes	$	?
Less: Cash dividends		71,000
To retained earnings	$	?

Data Table Metroline Manufacturing Metroline Manufacturing Income Statement Breakdown of Costs and Expenses for the Year Ended December 31, 2012 into Fixed and Variable Components for the Year Ended December 31, 2012 $1,397,000 Sales revenue 914,000 Cost of goods sold Less: Cost of goods sold $220,000 Fixed cost Gross profits $483,000 694,000 Variable cost 110,000 Less: Operating expenses $373,000 Total cost $914,000 Operating profits 37,000 Operating expenses Less: Interest expense Net profits before taxes $336,000 Fixed expenses $30,000 134,400 Less: Taxes (rate 40%) 80,000 Variable expenses Net profits after taxes $201,600 Total expenses $110,000 68,000 Less: Cash dividends To retained earnings $133,600