Question 6 of 9 > -/1 III View Policies Current Attempt in Progress Novak Company has completed all of its operating budgets. The sales budget for the year shows 48,500 units and total sales of $2,279,500. The total cost of making one unit of sales is $26. It estimates selling and administrative expenses be $307,000 and income taxes to be $213,450. Prepare a budgeted income statement for the year ending December 31, 2022. NOVAK COMPANY Budgeted Income Statement For the Year Ending December 31, 2022 $ $