Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its annual budget process. How much is the budgeted Net Income? Budgeted Unit Sales 460 Selling.price per unit $1,950 Cost per unit $1,557 Variable selling and administrative Expenses (per unit) $75 Fixed selling and administrative Expenses (per year) $105,000 Interest Expense for the year $14,000