Lynch Locks makes bicycle locks. The budgeted selling price is $14.30 per lock, the variable cost is $10.60 per lock, and the budgeted fixed costs are $7,830 per month. Selling \& Administrative costs amount to $9,300 for the month. Taxes are calculated at 20%. Prepare a budgeted Income Statement for an output level of 9,300 locks for the month ended April 30, 2021