3 Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its annual budgeting process. 3.34 points Dudgeted unit sales Selling price per unit Cost per una Variable welling and administrative expense (per unit) Fixed selling and administrative expense per year) Interest expense for the year 460 1,950 1.575 $ 75 $ 105,000 $14.000 Home Required: Prepare the company's budgeted income statement for the year Gig Harbor Boating Budgeted Income Statement