Blue Spruce Company has accumulated the following budget data for the year 2022: 1. Sales: 31,700 units: unit selling price $76 2. Cost of one unit of finished goods: direct materials, 2kg at $5 per kilogram; direct labour, 3 hours at $11 per hour; and manufacturing overhead, $6 per direct labour hour 3. Inventories (raw materials only): beginning, 10,200kg: ending, 15,800kg 4. Raw materials cost: $5 per kilogram 5. Selling and administrative expenses: $181,000 6. Income taxes: 30% of income before income taxes Prepare a budgeted income statement for 2022