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forma income statement. (9) Marketable securities, other current liabilities, long-term debt, and common stock will remain unchanged. a. Prepare a pro forma income statement for the year ended December 31, 2016, using the percent-of-sales method. b. Prepare a pro forma balance sheet dated December 31, 2016, using the judgmental approach. c. Analyze these statements, and discuss the resulting external financing required. Red Queen Restaurants Income Statement for the Year Ended December 31, 2015 ========================================= FIN 486 Week 2 Video Summary For more course tutorials visit www.uophelp.com FIN 486 Week 2 Video Summary ========================================= FIN 486 Week 3 DQ 1 For more course tutorials visit www.uophelp.com