I am so confused on how and where to get the numbers for the Budgeted Income Statement. There was a video for this problem and I have been trying to follow it, but it isnt helping me figure out where the numbers are coming from. Please help :)

Problem 23-1A (Part Level Submission) Cook Farm Supply Company manufactures and sells a pesticide called Snare. The following data are available for preparing budgets for Snare for the first 2 quarters of 2017 1. Sales: uarter 1, 28,300 bags; quarter 2, 42,500 bags. Selling price is $61 per bag 2. Direct materials: each bag of Snare requires 4 pounds of Gumm at a cost of $3.8 per pound and 6 pounds of Tarr at $1.75 per pound. 3. Desired inventory levels: Type of InventoryJanuary 1April 1 Snare (bags) Gumm (pounds) Tarr (pounds) July 1 8,400 9,200 14,500 12,300 10,200 20,200 18,100 13,400 25,300 4. Direct labor: direct labor time Is 15 minutes per bag at an hourly rate of $14 per hour s, selling and administrative expenses are expected to be 15% of sales plus $176,000 per cuarter 6. Interest expense is $100,000. 7, Income taxes are expected to be 30% of income before income taxes. Your assistant has prepared two budgets: $425,500 in quarter 2 1) the manufacturing overhead budget shows expected oosts to be 125% of direct labor cost, and 2) the direct materials budget for Tarr shows the cost of Tarr s to be $303,000 in quarter 1 and (Note: Do not prepare the manufacturing overhead budget or the direct materials budget for Tarr.)