Boyle Sutton manufactures a specialty precision scale. For January, the company expects to sell 1,000 scales at an average price of $2,340 per unit. The average manufacturing cost of each unit sold is $1,500. Variable operating expenses for the company will be $1.20 per unit sold and fixed operating expenses are expected to be $7,600 for the month. Monthly interest expense is $3,700. The company has a tax rate of 40% of income before taxes. Prepare Boyle Sutton's budgeted income statement for January