Bonita Inc is preparing its annual budgets for the year ending December 31, 2022. Accounting assistants furnish the data shown below. The latter shows selling expenses of $649,600 for product JB50 and $417,600 for product JB60, and administrative experses of $626,400 for product J3BO and $394,400 for product JB60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20%6. Prenarethnistaribu eTetbook and Media Prepare the direct labor budget for the year. (Round Direct labor time per unitanswars to 1 decimal place, es. 52.5J BONITA TMC. Direct Labor Budget eTextbook and Media Prepare the budegeted multiple-step income statement for the year. (Note income taxes are not allocated to the products). BONITA INC. Budgeted Income statement