Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own; rather, it relies completely on independent sales agents to market its products. These agents are paid a sales commission of $15\%$ for all items sold.

Barbara Cheney, Pittman's controller, has just prepared the company's budgeted income statement for next year as follows:

$\backslash$table$[[\backslash$table$[[$Pittman Comp$],[$Budgeted Income$],[$For the Year Ended$]],\backslash$table$[[$any$],[$tatement$],[$ecember $31]],],[$Sales$,,$$$24,000,000$