Foodie's Supply Company manufactures and selis a pesticide called Snare. The following data are avallable for preparing budgets for Snare for the first 2 quarters of 2030. 1. Sales 1. Expected units sales are: 10,000 bags for quarter 1 and quarter 2/5 tale is poing to increase by 10% of the quarter 1 's sile. 2. Seling price is 550 per bag. 2. Cost of each bag is $20. 1. Desired inventory levels are: 1. January 1 (Beginning of Quarter 11,2,000 baes 2. April 1 (Beginning of Quarter 2, 2,500 baes 3. July 1 . Beginning of Quarter 3) 3,000 bogs. 4. HINT: Endins inventory in ane pariad becomes bepinvins inventery in the followinz period. in other words; your beginnive inventory for ode peridd wor endirg inventory for the previcus period. 4. Selling and administrative expenses are expected to be 10% of sales cevenue plus $30,000 per quarter. 5. Interest expense is $100,000 and income taves are expected to be 25% af income before incorne taxes. Prepare the budgeted multiple-step income statement for the first 6 months ifirst: two quarters). - When typiny your reiponses for amaunt, do NOT inciude a dollar sizn. For exumple, if your answer is $10,000, you should be typing 10,000 or 10,000,00 without any dollar sig