March April May June July August Subscribers 650 750 1,450 1,650 1,650 1,500 Service calls (per subscriber) 0.6 0.9 1.5 2.5 3.0 2.4 The average price charged for a service call is $80. Of the service calls, 30 percent are paid in the month the service is rendered, 60 percent in the month after the service is rendered, and 8 percent in the second month after. The remaining 2 percent is uncollectible. Varmit-B-Gone estimates that the number of subscribers in September should fall 10 percent below August levels, and the number of service calls per subscriber should decrease by an estimated 20 percent. The following information is available for costs incurred in August. All costs except depreciation are paid in cash. $ 23,000 21,000 41,000 $ 85,000 Service costs Variable costs Maintenance and repair Depreciation (fixed) Total Marketing and administrative costs Marketing (variable) Administrative (fixed) Total Total costs $ 13,500 54,000 $ 67,500 $152,500 Variable service and marketing costs change with volume. Fixed depreciation will remain the same, but fixed administrative costs will increase by 5 percent beginning September 1. Maintenance and repair are provided by contract, which calls for a 1 percent increase in September. Required: Prepare a budgeted income statement for September. (Round intermediate calculations to 2 decimals places.)