Oriole lne is preparing its annual budgets for the year ending December $31,2022.$ Accounting assistants furnish the data shown

balow:

An accounting assistant has prepared the datailed manufacturing overhead budget and the selling and administrative expense budzet.

The latter shows selling expenses of $$582,400$ for product. JB $50$ and $$374,400$ for product JQ $60,$ and administrative evpenses of

$$561,600$ for product JB $50$ and $$353,600$ for product. JQ $60.$ Interest expense is $$150,000($nat allocated to products$).$ Incoma taves

are expacted to be $205\%.$

$($a$)$

$($b$)$

$($c$)$

$($d$)$

$($e$)$

Prepare the budegated multiple$-$step income statement for the year. $($Note: income taxas are nat allocated to the products$)$