keAssignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator The data shown were obtained from the financial records of Italian Exports, Inc., for March: Estimated Sales $590,000 Sales 567,919 Purchases 294,832 10% Ending Inventory Administrative Salaries 50,360 5% Marketing Expense** Sales Commissions 2% Rent Expense 7,600 Depreciation Expense 1,000 Utilities 2,600 Taxes*** 15% of next month's sales **of estimated sales ***of income before taxes Sales are expected to increase each month by 10%. Prepare a budgeted Income statement. Round your answers to the nearest dollar. Italian Exports, Inc. Budgeted Income Statement For the Month Ending Mar. 31, 2020 Previous Check My Work Email Instructor Save and Exit Submit Assignin Prepare a budgeted income statement. Round your answers to the nearest dollar. Italian Exports, Inc. Budgeted Income Statement For the Month Ending Mar. 31, 2020 Cost of Goods Sold