Carreras Caf is a Spanish restaurant in a college town. The owner expects that the number of meals served in June will be 50 percent below those served in May, because so many students leave for the summer. In May, the restaurant served 4,500 meals at an average price of $25.00. In the summer (June through August), the average price of a meal typically increases by 18 percent and the average food cost of a meal increases by 20 percent. Other costs are typically unchanged during the summer. The following cost information is available for May.

Service costs (variable with respect to meals)
Variable service costs (with respect to meals)
Food costs	$	10,800
Labor		16,300
Other variable costs		5,800
Fixed service costs		9,200
Total service costs	$	42,100
Marketing and administrative costs
Marketing (variable with respect to meals)		6,600
Administrative (fixed)		4,400
Total marketing and administrative costs	$	11,000
Total costs	$	53,100

Required:

Prepare a budgeted income statement for June. (Do not round intermediate calculations.)