Holly Company prepared the following budgeted income statement for the first quarter of 2024 : Holly Company is considering two options. (Click the icon to view the budgeted income statement.) (i) (Click the icon to view the options.) Read the requirements. Requirement 1. Prepare budgeted income statements for both options, assuming both options begin in January and January sales remain $5,000. Round all calculations to the nearest dollar. Begin by preparing the budgeted income statement for Option 1