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Oriole Company has completed all of its operating budgets. The sales budget for the year shows 52,000 units and total sales of $2,340,000. The total

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Oriole Company has completed all of its operating budgets. The sales budget for the year shows 52,000 units and total sales of $2,340,000. The total cost of producing one unit is $25. Selling and administrative expenses are expected to be $312.000. interest is estimated to be $10,400. Income taxes are estimated to be. $208,000. Prepare a budgeted multiple-step income statement for the year ending December 31, 2022. ORIOLE COMPANY Budgeted Income Statement $ $ eTextbook and Media

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