Assignment 4.4 Exercises Problem 1: Creating Proforma Financial Statements 5 Points A pro forma Income Statement for Monroe Products Co. is displayed below: Monroe Products Company . Income Statements, 2019 and Pro Forma 2020 Years Ended December 31st 2019 Actual 2020 Forecast Net Sales $1,000,000 $1,250,000 Cost of Goods Sold 800,000 1,000,000 Gross Profit $200,000 […]