Biology Forums - Study Force

Richardson Company has provided you with the following numbers pulled from various budgets related to January 2020 activity:

Beginning cash balance from cash budget	$   12,000
Sales revenue from sales budget	300,000
Cost of goods sold from cost of goods sold budget	180,000
Selling and administrative expenses from selling and administrative      expense budget (includes depreciation expense of $5,000)	50,000
Interest expense from cash budget	8,000

Required:

Prepare a pro-forma income statement for Richardson Company

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