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Carolina SG provides you with the following information for the year ended December 31, 2019: Product cost: 515 per unit Interest expense $20,000 Income tax

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Carolina SG provides you with the following information for the year ended December 31, 2019: Product cost: 515 per unit Interest expense $20,000 Income tax rate: 40% Operating expenses $100,000 Sales price: $25 per unit Units budgeted to be sold: 60,000 When the budgeted income statement is prepared, what will be the budgeted net income for 2019? A $192,000 B. $600,000 C. $288,000 D. $480,000 E $500,000

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