As before, the Cabello Company buys air conditioners for $3,900 and sells them for $4,800 each; the company has the following sales forecast: April 120 units May 140 units June 180 units 3 July 160 units The company wants to maintain ending inventory for each month at 15% of the next month's sales and had 20 units on hand on April 1st. The company also has monthly rent of $15,000 and salaries of $80,000. Question 1 What amount of net income would appear on the company's income statement budget for June? 5 pts D

As before, the Cabello Company buys air conditioners for $3,900 and sells them for $4,800 each; the company has the following sales forecast: April 120 units May 140 units June 180 units July 160 units The company wants to maintain ending inventory for each month at 15% of the next month's sales and had 20 units on hand on April 1st. The company also has monthly rent of $15,000 and salaries of $80,000. Question 1 5 pts What amount of net income would appear on the company's income statement budget for June