shamroack company has completed all of its operating budgets. the sales budget for the year shows $52700 units and total sales of $2,582,300. the total cost of making one unit of sales is $23. it estimates selling and administrative expenses to be $316,000 and income taxes to be $316,260 . prepare a budgeted income statement for the year ending december 31, 2022

Net income Purchases Selling and administrative expenses Gross profit Cost of goods available for sale Sales Beginning inventory Ending inventory Income before income taxes Net loss Cost of goods sold Income tax expense Selling and administrative xpenses Income before income taxes Sales Gross profit Income tax expense Net income Cost of goods sold Net loss Ending inventory Beginning inventory Purchases Cost of goods available for sale Purchases Net loss Beginning inventory Cost of goods available for sale Ending inventory Income before income taxes Sales Cost of goods sold Income tax expense Net income Gross profit Selling and administrative expenses Shamrock Company has completed all of its operating budgets. The sales budget for the year shows 52.700 units and total sales of $2,582,300. The total cost of making one unit of sales is $23. It estimates selling and administrative expenses to be $316,000 and income taxes to be \$316.260. Prepare a budgeted income statement for the year ending December 31, 2022. Beginning inventory Income tax expense Ending inventory Cost of goods available for sale Gross profit Income before income taxes Net income Purchases Net loss Sales Cost of goods sold Selling and administrative expenses Ending inventory Income tax expense Net loss Purchases Beginning inventory Net income Gross profit Sales Cost of goods available for sale Selling and administrative expenses Cost of goods sold Income before income taxes $ Income before income taxes Income tax expense Sales Cost of goods sold Gross profit Purchases Net loss Beginning inventory Cost of goods available for sale Ending inventory Selling and administrative expenses Net income Income before income taxes Sales Beginning inventory Gross profit Net income Income tax expense Net loss Ending inventory Cost of goods sold Cost of goods available for sale Purchases Selling and administrative expenses