Q2: Calm Breathing Corp. budgets sales units of 4700 for July; 8460 for August; and 7520 for September with budgeted sales p 5 per unit of $39 and cost of goods sold $25 per unit. In addition, sales commissions are 2% of sales dollars and the company pays sales managers a salary of $10200 per month. Sale commissions and salaries are paid in the month incurred. Administrative expenses include office building depreciation $1680 pe 5 month and office salaries of $15600 per month. 7 Prepare a Budgeted Income Statement for the 3rd Quarter of the year using a multi-step income statement format. 8 9 Calm Breathing Corp 0. Budgeted Income Statement 21 For 3rd Quarter Ending September 30 22 July August September 3rd Qtr Total 23 24 25 26 27 28 29 30 31 32 33 dit and long to pay for nurchases 45% in the same quarter as the