8 Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the follc summary data to use in its annual budgeting process: 11 oints Budgeted unit sales Selling price per unit Cost per unit Variable selling and administrative expense (per unit) Fixed selling and administrative expense (per year) Interest expense for the year 700 $ 2,070 $ 1,605 $ 60 $ 200,000 $ 23,000 eBook Hind Print Required: Prepare the company's budgeted income statement for the year. References Gig Harbor Boating Budgeted Income Statement