Required:

Prepare a budgeted income statement for $20Y9.$

Regina Soap Co$.$

Budgeted Income Statement

For the Year Ending December $31,20$ Y$9$

Line Item Description

Line

Cost of goods sold:

Cost of goods sold

Gross profit

Operating expenses:

Selling expenses:

Total selling expenses

Administrative expenses:

Total administrative expenses

Total operating expenses

Income before income tax

Amount Amount

Amount

$

$

$

$5$

$1.$