Please answer the following question by filling in the blanks in the provided images.

Brief Exercise 21-3 North Company has completed all of its operating budgets. The sales budget for the year shows 50,900 units and total sales of $2,142,600. The total unit cost of making one unit of sales is $22. Selling and administrative expenses are expected to be $306,400. Income taxes are estimated to be $216,420. Prepare a budgeted income statement for the year ending December 31, 2014. NORTH COMPANY Budgeted Income Statement For the Year Ending December 31, 2014 Beginning Inventoryr Cost of Goods Sold Ending Inventoryr Gross ProtfLoss] Income Before Income Taxes Income from Operations Income Tax Expense Net IncomeH Loss} Operating Expenses Purchases Sales Selling and Administrative Expenses Total Operating Expenses