The cash budget for Parker Process Meats, Inc.for the fourth quarter of 2014 is given below:
Parker Process Meats, Inc.
Cash Budget for the Three Months Ending December 31, 2014
The expected sales for the period are as follows:
Oct.: $86,400 Nov.: $91,800 Dec.: $83,700
The total depreciation expense for the period will be $8775.An interest payment on outstanding debt of $15 000 will be made in December.Using the information given, construct a pro forma income statement for the final quarter of 2014 for Parker.

Question

The cash budget for Parker Process Meats, Inc.for the fourth quarter of 2014 is given below:
Parker Process Meats, Inc.
Cash Budget for the Three Months Ending December 31, 2014
  The expected sales for the period are as follows:
Oct.: $86,400 Nov.: $91,800 Dec.: $83,700
The total depreciation expense for the period will be $8775.An interest payment on outstanding debt of $15 000 will be made in December.Using the information given, construct a pro forma income statement for the final quarter of 2014 for Parker.

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The Answer of The cash budget for Parker Process Meats, Inc.for the fourth quarter of 2014 is given below:
Parker Process Meats, Inc.
Cash Budget for the Three Months Ending December 31, 2014
  The expected sales for the period are as follows:
Oct.: $86,400 Nov.: $91,800 Dec.: $83,700
The total depreciation expense for the period will be $8775.An interest payment on outstanding debt of $15 000 will be made in December.Using the information given, construct a pro forma income statement for the final quarter of 2014 for Parker.

The Cash Budget for Parker Process Meats, Inc