4. The following information belongs to Buld a Chip, a computer and electronic equipment manutacturing shop for the morth of Apre 2019 as part of its budgeting procests. Finished Goods irventory Begining \$10,000 Ending: $6,000, WP. Beginning: $11,400, Ending $9,$00. Ditect materiah: Deginning $13,000 Ending $15,000 Purchases: 5181,000 . Divect taber $200,000 Factory overheod: $107,000, Selling expenses $350,000, Adminitirative expenses $105,000; Intarest expense $3,000 and inlerest tevenue 514,560 . The income tar mate is 25%. Prepare a Cost of Goods Sold Budpet and a Budgeted income Statement for the Company