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78,971 64,728 870,558 Adzac Corporation has the following budget data for the year 2022 Budget: Dec. 31, 2021 Ending Inventory Dec. 31, 2022 Ending Inventory Inventory Purchases Depreciation Expense Budget Gen. Administrative Expense Budget Selling Expense Budget Rent Expense Budget Salaries Expense Budget Insurance Expense Budget 90,722 95,550 127,445 152,415 219,525 54,728 If the sales budget is based on a target gross margin of 86% of sales, how much is the operating income budget? Answer up to two decimal places. Indicate negative sign as necessary