Sales (units) Sales price per unit Uncollectible expense* Direct material per unit Direct labor per unit (hours) Direct labor rate per hour Manufacturing overhead Variable sales and administrative expenses per unit Fixed sales and administrative expenses 14,000 $45 1% $3 0.40 $19 $15,000 $1 $21,000 15% Taxes** *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