Required 1 Required 2 Prepare a budgeted income statement for the computer furniture segment for the quarter ended June 30, 2022, that shows the results from implementing the proposed changes. BUSINESS SOLUTIONS-COMPUTER FURNITURE SEGMENT Budgeted Income Statements For Three Months Ended June 30, 2022 0 Selling, general and administrative expenses Net income 0 Santana Rey expects second quaner 2022 net income of Business Solutions's line of computer furniture to be the same as the first quarter's net income {reported below] without any changes in strategy. Sales were 152 desk units [sales price of$l_250]| and 92 chairs [sales price of $500]. ELISINESS SLUTIDlIECormuter Furniture Segment Segment Income Statement\" For Quarter Ended March 31, 2022 Sales+ $ 235,000 Cost of goods sold: 133'1'339 Gross pro-Fit 99,000 Selling, general, and administrative expenses Sales corrmissions (10%} 5 23,696 Advertising expenses 12, 286 General and aministrative expenses 24,496 613,200 Net income $ 33.399 ' Reects activity only related to the computer furniture segment. 'r Sales: {152 X $1,250] + [92 X $500] = $236,000. 1: Cost of goods sold: {152 X $7350] + {'32 K $250} = $13?,000. Santana believes that sales will total 204 desks and 153 chairs for the next quarter it selling prices are reduced to $1,150 for desks and $450 for chairs and advertising expenses are increased to $172760 for the quarter. Product costs per unit and amounts ofall other expenses will not change. Required: 1. Prepare a budgeted income statement for the computer furniture segment for the quarter ended June 30, 2022, that shows the results from implementing the proposed changes. 2. Do the proposed changes increase or decrease budgeted net income for the quarter