Prepare a budgeted income statement for the year ended December 31, 2022. METLOCK COMPANY Budgeted Income Statement For the Year Ended December 31, 2022 + + $ $ Metlock Company has budgeted the following for the year ended December 31, 2022: 1. 2. Sales: 54,300 units; unit selling price $81. Cost of one unit of finished goods: direct materials, 2 kg at $4 per kilogram; direct labour, 4 hours at $12 per hour; and manufacturing overhead, $2 per direct labour hour. Selling and administrative expenses: $149,000. 3. 4. Income taxes: 25% of income before income taxes. Prepare a budgeted income statement for the year ended December 31, 2022. METLOCK COMPANY Budgeted Income Statement For the Year Ended December 31, 2022 +