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Review the Budgeted Income Statement Data Table, then complete the budgeted income statement that follows the table. Round the computed amount for income tax to

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Review the Budgeted Income Statement Data Table, then complete the budgeted income statement that follows the table. Round the computed amount for income tax to the nearest whole dollar. Enter all amounts as positive numbers. Budgeted Income Statement Data Table Interest revenue for the year $2,000 Interest expense for the year $1,500 LearnCo's income tax rate 40% Learn Co Score: 31/52 Budgeted Income Statement For the Year Ending December 31, 20Y2 1 Revenue from sales $720,000.00 3T4,313.00 Cost of goods sold Gross profit $345,688.00 Selling and administrative expenses: Selling expenses $65,400.00 Administrative expenses 154.000.00 Total selling and administrative expenses 219.400.00 Income from operations

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