Lilliput,a mail-order firm, buys its product for $60 per unit and sells it for $154 per unit. The sales staff receives a 10% commission on the sale of each unit. Its December income statement follows For The tdonth Ended December 31, 2011 Saes Cost of goods soid 1,540,000 Gross proft Sales commissions (10%) 154,000 Stone sent Administraive salaries 28,400 2,000 Net proft s 383,200 Management expects December's results to be repeated in January, February, and March of 2012 without any changes in strategy. Management, however, has an alternative plan. It believes that unit sales will increase at a rate of 10% each month for the next three months (beginning with January) if the item's selling price is reduced to $139 per unit and advertising expenses are increased by 25% and remain at that level for all three months. The cost of its product will remain at $60 per unit, the sales staff will continue to earn a 10% commission, and the remaining expenses will stay the same Required Prepare budgeted income statements for each of the months of January, February, and March that show the expected results from implementing the proposed changes. (Input all amounts as positive values. Omit the "$" sign in your response.) LILLIPUT COMPANY Budgeted Income Statement For Months of January, February, and March Total expenises