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Nature's Way in Green Bay, WI is preparing its master budget for the 1st quarter. Assume Nature's Way sells only a single product. The price

image text in transcribedimage text in transcribed Nature's Way in Green Bay, WI is preparing its master budget for the 1st quarter. Assume Nature's Way sells only a single product. The price of that product is $25 per unit. Sales (in units) are forecasted as follows: 36,000 for January, 56,000 for February, and 46,000 for March. Cost of goods sold is $12 per unit. Other expense information for the 1st quarter is below: Prepare a budgeted income statement for this first quarter. HINT - You are not making an income statement for only one month. Pather it is for a 3-month period. (Round your final answers to the nearest whole dollar.)

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