draft version of Carson's Pepsi image

This is my draft version of Carson’s Pepsi image, but instead of Pepsi bottle I used Coca Cola logo. I’m going to do another one because I don’t like that one because the bottle doesn't look realistic and logo doesn't match with bottle. I've done it wrong because i didn't convert the layers to a image.
The reason why I'm making this image is to learn how to do the Carson's masking style.