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PLEASE HELP SP 20 Serial Problem Business Solutions (Algo) LO P3 Santana Rey expects second quarter 2022 net income of Business Solutions's line of computer

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SP 20 Serial Problem Business Solutions (Algo) LO P3 Santana Rey expects second quarter 2022 net income of Business Solutions's line of computer furniture to be the same as the first quarter's net income (reported below) without any changes in strategy. Sales were 146 desk units (sales price of \$1,250) and 86 chairs (sales price of $500). Segnent tneoma statement" ror Quarter Ended Mareh 31, 2022 salen Coet of goodi nold' Gross profit seliing, generat, and administrative expensen salen commisuiona (10v) Advertining expenaen Ceneral and adminintrative expenses Net income $225,500131,00094,500 522,550 11,600 23,200 57,350 537,150 - Reflects activity only related to the computer furniture segment. t Sales: (146$1,250)+(86$500)=$225,500. = Cost of goods sold: (146$750)+(86$250)=$131,000. Santana believes that sales will total 195 desks and 144 chairs for the next quarter if seling prices are reduced to $1,150 for desks and $450 for chairs and advertising expenses are increased to $16.680 for the quarter. Product costs per unit and amounts of all other expenses will not change. Required: 1. Prepare a budgeted income statement for the computer furniture segment for the quarter ended June 30, 2022, that shows the results from implementing the proposed changes. 2. Do the proposed changes increase or decrease budgeted net income for the quarter? Complete this question by entering your answers in the tabs below. Prepare a budgeted income statement for the computer furniture segment for the quarter ended June 30, 2022, that shows the results from implementing the proposed changes. Prepare a budgeted income statement for the computer furniture segment for the quarter ended June 30, 2022, that shows the results from implementing the proposed changes. Do the proposed changes increase or decrease budgeted net income for the quarter? Do the proposed changes increase or decrease budgeted net income for the quarter

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