Concord Company has completed all of its operating budgets. The sales budget for the year shows 43,000 units and total sales of $1,935,000. The total cost of producing one unit is $20. Selling and administrative expenses are expected to be $258,000. Interest is estimated to be $8,600. Income taxes are estimated to be $172,000. Prepare a budgeted multiple-step income statement for the year ending December 31, 2022.