In developing the pro forma income statement we follow four important steps:

In developing the pro forma income statement we follow four important steps:

In developing the pro forma income statement we follow four important steps:

1) compute other expenses,
2) determine a production schedule,
3) establish a sales projection,
4) determine profit by completing the actual pro forma statement.

What is the correct order for these four steps?

A) 1,2,3,4
B) 4,3,2,1
C) 2,1,3,4
D) 3,2,1,4