LETO OURCES or FRETERIA BACK Brief Exercise 9.5 North Company has completed all of its operating budgets. The sales budget for the year shows 50,150 units and total sales of $2,221,200. The total un cost of making one storis 524 Selling and administrative expenses are expected to be $309.200 Interest is estimated to be $12,710. Income tans are estimated to be 1226.800 Prepare a budete mile-step income statement for the year ending December 31, 2020 NORTH COMPANY Budgeted Income Statement . 3 +