Samson Motors is a chain of car dealerships. Sales in the fourth quarter of last year were $4,500,000.$ uppose management projects that its curent year's quarterty sales wit increase by 2% quarter 1, by another 3% in quarter 2 , by another 7% in quarter 3 , and by another 5% in quarter 4 . Management expects cost of goods sold to be 50% of revenues every quater, while operating expenses should be 30% of revenues during each of the first two quarters. 25% of revenues during the third quariec, and 20% during the fourth quarter Requirement Prepare a budgeted income statement for each of the four quarters and for the entire yoar