Campbell Company has provided the following for the year, Budget Sales Variable product costs Variable selling expense Other variable expenses Fixed product costs Fixed selling expense Other fixed expenses Interest expense Variances Sales Variable product costs Variable selling expense Other variable expenses Fixed product costs Fixed selling expense Other fixed expenses Interest expense 5517,000 195,00 47.000 3,300 15,800 23,900 1,400 650 8,300 4.000 1,900 1,600 250 F 470F 120.0 130 Required Prepare in good form a budgeted and actual income statement for internal use Separate operating income from net income in the statements and indicate whether each variance is favorable (for unfavorable (U) (Select "None" If there is no effect (.e., zero variance)) CAMPBELL COMPANY Internal Income Statement Budget Actual Variance Effect Sales Variable expenses: Product costs Selling expenses Other expenses Interest expense Contribution margin Fixed expenses Product costs Selling expenses Other expenses Interest expense 0 0 Operating loss 0 0 Interest expense Net loss $ 0 $ 0