owing data were obtained from the financial records of Sonicbrush, Inc., for March $330,000 $179,431 15 $70,200 Estimated sales Purchases Ending inventory Administrative salaries per month Marketing expense Sales commissions Rent expense per month Depreciation expense per month Utilities per month Taxes $ 8.400 $ 2.800 of next month's sales of sales of income before taxes Sales are expected to increase each month by 15%. Prepare a budgeted income statement Sonicbrush, Inc. Budgeted Income Statement For the Month Ending Mar. 31, 2020 Cost of Goods Sold Beginning Inventory Purchases Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit Operating Expenses Administrative Salaries Marketing Expense Sales Commissions Rent Expense Depreciation Expense Utilities Total Operating Expenses income from Operations Income Tax Expense Net Income (loss) owing data were obtained from the financial records of Sonicbrush, Inc., for March $330,000 $179,431 15 $70,200 Estimated sales Purchases Ending inventory Administrative salaries per month Marketing expense Sales commissions Rent expense per month Depreciation expense per month Utilities per month Taxes $ 8.400 $ 2.800 of next month's sales of sales of income before taxes Sales are expected to increase each month by 15%. Prepare a budgeted income statement Sonicbrush, Inc. Budgeted Income Statement For the Month Ending Mar. 31, 2020 Cost of Goods Sold Beginning Inventory Purchases Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold Gross Profit Operating Expenses Administrative Salaries Marketing Expense Sales Commissions Rent Expense Depreciation Expense Utilities Total Operating Expenses income from Operations Income Tax Expense Net Income (loss)