North Company has completed all of its operating budgets. The sales budget for the year shows 50,240 units and total sales of $2,443,100. The total unit cost of making one unit of sales is $23. Selling and administrative expenses are expected to be $302,100. Interest is estimated to be $14,690. Income taxes are estimated to be $210,900 Prepare a budgeted multiple-step income statement for the year ending December 31, 2020. NORTH COMPANY Budgeted Income Statement Click if you would like to Show Work for this question: Open Show Work