Fortune. Inc., is preparing its master budget for the first quarter The company sells a single product at a price of $25 per unit Sales (in units) are forecasted at 40.000 for January. 60.000 for February, and 50.000 for March Cost of goods sold is $12 per unit Other expense information for the first quarter follows. Prepare a budgeted income statement for this first quarter (Rounding your final answers to the nearest whole dollar.)