Sales (units) 17,000 Sales price per unit $40 Uncollectible expense* 1% Direct material per unit $2 Direct labor per unit (hours) 0.40 Direct labor rate per hour $21 Manufacturing overhead $15,000 Variable sales and administrative expenses per unit $2 Fixed sales and administrative expenses $19,000 Taxes** 15% +of sales **of income before taxes Prepare a budgeted income statement using the above information. Round final answers to nearest whole dollar. Budgeted Income Statement For the Year Ending Dec. 31, 2020