4 Fortune Incorporated is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per unit Sales units are budgeted at 151,000 for the first quarter Cost of goods sold is $12 per unit. Other expense information for the first follows Tales Com of alex dollars 1.43.000 quarte Advert 563.000 quarter of Balacles $249.000 quarter Depreciation $ 110,000 per quarter Interest 2.000 quarterly 1140,000 note payable Tastate 6 pat 408 Prepare a budgeted income statement for the first quarter ended March 31. {Round your intermediate and final answers to the nara FORTUNE, INCORPORATED Budgeted Income Statement For Quarter Ended March 31 Selling, general and administrative expenses