Preparing a Budgeted Income Statement Oliver Company provided the following information for the coming year: Units produced and sold Cost of goods sold per unit Selling price Variable selling and administrative expenses per unit Fixed selling and administrative expenses 160,000 $6.30 $12 $1.10 $423,000 281% Tax rate Required: Prepare a budgeted income statement for Oliver Company for the coming year Round all income statement amounts to the nearest dollar, Oliver Company Budgeted Income Statement For the Coming Year 98D 4:12 PM 7/9/2022