Blue Spruce Company has completed all of its operating budgets. The sales budget for the year shows 45,500 units and total sales of $2,093,000. The total cost of making one unit of sales is $24. It estimates selling and administrative expenses to be $281,000 and income taxes to be $216,000. Prepare a budgeted income statement for the year ending December 31, 2022. BLUE SPRUCE COMPANY Budgeted Income Statement For the Year Ending December 31, 2022 $ $