Fortune Incorporated is preparing its master budget for the first quarter. The company sells a single product at a price of $$25$ per unit. Sales $($in units$)$ are budgeted at $153,000$ for the first quarter. Cost of goods sold is $$12$ per unit. Other expense information for the first quarter follows.

Prepare a budgeted income statement for the first quarter ended March $31.($Round your intermediate and final answers to the nearest whole dollar.$)$