4. 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: udgeted unit sales 740 Selling price per unit 02.010 Cost per unit 51,490 Variable selling and administrative expense (per unit) 800 Pixed selling and administrative expense (per year) $ 35,000 Interest expense for the year $ 25,000 Required: Prepare the company's budgeted Income statement for the year 135 points Book Gig Harbor Boating Budgeted Income Statement A Print References