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Gig Harbor Bosting is the wholesale distributor of a recrestional sailbost. Mansgement provided the following dato for budgeting purposes: Budgeted unit sales Selling price per

Gig Harbor Bosting is the wholesale distributor of a recrestional sailbost. Mansgement provided the following dato for budgeting purposes:
Budgeted unit sales
Selling price per unit
66e
Cost per unit
Variable sclling and adninistrative expense (per unit)
Fixed selling and administrative expense (per year)
Interest expense for the year
$2,850
$1,498
$.85
$245, eae
$ 21, e0e
Required:
Prepore o budgeted income statement for the yeor.
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