Hurons manufacturing produces a single product identified as PFR. Data relating to the coming month are:

Sale: estimated at 12,500 units. Selling price will be $95 per unit.

Inventories: beginning inventories-finished goods 750 units valued at $48,000; direct materials 2000 kilograms, Desired ending inventory- finished goods 1000 units; direct materials 2500 kilograms

Cost per manufacturing unit: direct materials- 3 kilograms at $5 per kilogram; direct labor-2 hours at $15 per hour; factory overhead-2 hours at $10

Operating expense: marketing expenses are 10% of sales; administration expenses are $87,500 per month; financial expenses are 5% of sales.

Prepare the budgeted income statement for the coming month.