Use the fixed and variable method to prepare a pro forma income statement for the year ended December 31, 2021. for Tesla, Inc. Tesla, Inc. estimates that its sales in 2021 will be 500000. The firm plans to pay cash dividends of 7000 during 2021. Tesla, Inc.'s income statement for the year ended December 31, 2020 is shown below: Income statement Tesla, Inc. For the year ended December 31, 2020 Sales Revenue $200000 Less: Cost of Goods $50000 sold fixed $50000 variable Gross profits Less: Operating expenses fixed $100000 5000 5000 $90000 10000 $80000 variable Operating profits Less: Interest expense Profit before tax Less: Taxes (40%) Net profit after taxes Less: Cash dividends To retained earings 32000 $48000 8000 $40000 What is the company's cost of goods sold in the year 2021? 150000