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Bonita Company has completed all of its operating budgets. The sales budget for the year shows 58,000 units and total sales of $2,610,000. The total

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Bonita Company has completed all of its operating budgets. The sales budget for the year shows 58,000 units and total sales of $2,610,000. The total cost of producing one unit is $25. Selling and administrative expenses are expected to be $348,000. Interest is estimated to be $11,600. Income taxes are estimated to be $232,000. Prepare a budgeted multiple-step income statement for the year ending December 31, 2022

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