Berkner Labs performs a specialty lab test for local companies for $46 per test. For the upcoming quarter, Berkner Labs is projecting the The budgeted cost of performing each test is $22. Operating expenses are projected to be $58,000 in January, $56,000 following sales in February, and $64,000 in March. Berkner Labs is subject to a corporate tax rate of 30%. Requirement Prepare a budgeted income statement for the first quarter, with a column for each month and for the quarter. Prepare the budgeted income statement by first calculating the operating income, then calculate the net income