Gig Harbor Boating is the wholesale distributor of a recreational sailboat. Management provided the following data for budgeting purposes

Gig Harbor Boating is the wholesale distributor of a recreational Management provided the following data for budgeting purposes: Budgeted unit sates Selling price per unit Cost per unit _ Variable selling and administrative expense (per unit) Fixed setting and administrative expense (per year) Interest expense for the year Required: Prepare a budgeted income statement for the year. S 1,980 s 1,66e s les,eee s 14,aee