4 Phoenix Company's 2017 master budget included the following fixed budget report it is based on an expected production and sale volume of 17,000 units 1.25 4,250,000 105,000 Machinery repairs (variable cost 2,220,000 Gross profit Shipping 102.000 270,000 440,000 ales salary (tixed annoal anount) al and adainiatrati Advertising expense Salaries 253,00 from operat.lona 1.212.000 Phoenix Company's actual income statement for 2017 follows Statenent of Incone from Operations 55,063,00 of goods sold Groas profit MacBook A ?? 4