Rajiv Company has completed all of its operating budgets. The sales budget for the year shows 46,700 units and total sales of $2,054,800. The total cost of making one unit of sales is $27. It estimates selling and administrative expenses to be $282,000 and income taxes to be $153,570. Prepare a budgeted income statement for the year ending December 31, 2020. RAJIV COMPANY Budgeted Income Statement For the Year Ending December 31, 2020 $ ta ta