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Calgary Industries is preparing a budgeted income statement for 2018 Predicted sales for the year are $730,000 and cost of goods sold is 40% of

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Calgary Industries is preparing a budgeted income statement for 2018 Predicted sales for the year are $730,000 and cost of goods sold is 40% of sales. The expected selling expenses general and administrative c a re 000, wuch includes $300 of deprecation. The company income tax rate the b e nc e for 2018 000 and the expected Maple Choice O 538.000 O 5186,300 0 267.000 0 4700

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