You learn that 25 percent of the cost of goods sold and operating expense figures for 2009 are fixed costs that will not change in 2010. Reconstruct the pro forma income statement.

To reconstruct the pro forma income statement, we need some additional information. Specifically, we need the total cost of goods sold and operating expenses for 2009, as well as any other relevant financial data.

However, I can explain the concept of pro forma financial statements and how to calculate them, which will help you reconstruct the income statement.

1. Understand the concept of pro forma financial statements:
Pro forma financial statements are projected or estimated financial statements that are created based on assumptions and forecasts. They are used to estimate future financial performance and help in making business decisions.

2. Gather the necessary information:
To reconstruct the pro forma income statement, you need the following information:
- Total cost of goods sold (COGS) for 2009
- Total operating expenses for 2009
- Percentage of fixed costs that will not change in 2010 (in this case, it is given as 25%)

3. Calculate the fixed costs for 2010:
Given that 25% of the COGS and operating expenses are fixed, you can calculate the fixed costs for 2010 by multiplying the total costs by 0.25:
Fixed Costs for 2010 = Total COGS for 2009 x 0.25 + Total Operating expenses for 2009 x 0.25

4. Calculate the variable costs for 2010:
To get the variable costs for 2010, deduct the fixed costs calculated in step 3 from the respective total costs for 2009:
Variable Costs for 2010 = Total COGS for 2009 - Fixed Costs for 2010
Variable Operating Expenses for 2010 = Total Operating expenses for 2009 - Fixed Costs for 2010

5. Reconstruct the pro forma income statement:
Using the calculated fixed and variable costs for 2010, you can now reconstruct the pro forma income statement. Start with the revenue and deduct the costs to arrive at the net income. Here is a simplified example:
Revenue: [Assumed revenue for 2010]
Cost of Goods Sold: Fixed Costs for 2010 + Variable Costs for 2010
Operating Expenses: Fixed Costs for 2010 + Variable Operating Expenses for 2010
Net Income: Revenue - (Cost of Goods Sold + Operating Expenses)

Remember, the actual numbers to fill in the pro forma income statement will depend on the specific data you have for 2009 and the assumptions you make for 2010.