Current Attempt in Progress Sunland Company has completed all of its operating budgets. The sales budget...

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Current Attempt in Progress Sunland Company has completed all of its operating budgets. The sales budget for the year shows 60.000 units and total sales of $2,700,000. The total cost of producing one unit is $25. Selling and administrative expenses are expected to be $360,000. Interest is estimated to be $12,000. Income taxes are estimated to be $240,000. Prepare a budgeted multiple-step income statement for the year ending December 31, 2022. SUNLAND COMPANY Budgeted Income Statement Current Attempt in Progress Sunland Company has completed all of its operating budgets. The sales budget for the year shows 60.000 units and total sales of $2,700,000. The total cost of producing one unit is $25. Selling and administrative expenses are expected to be $360,000. Interest is estimated to be $12,000. Income taxes are estimated to be $240,000. Prepare a budgeted multiple-step income statement for the year ending December 31, 2022. SUNLAND COMPANY Budgeted Income Statement