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SP 20 Serial Problem Business Solutions (Static) LO P3 Santana Rey expects second quarter 2022 net income of Business Solutions's the of computer furniture to

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SP 20 Serial Problem Business Solutions (Static) LO P3 Santana Rey expects second quarter 2022 net income of Business Solutions's the of computer furniture to be the same as the first quarter's net income (reported below) without any changes in strategy. Sales were 120 desk units (sales price of $1,250 ) and 60chairs (sales price of $500 ) "Reflects activity only related to the computer furniture segment. t Sales (120 desks $1,250)+(60 chairs $500)=$180,000. Cost of goods sold: (120 desks $750)+(60 chairs $250)=$105,000 Santana belleves that sales will total 156 desks and 105 chairs for the next quarter if selling prices are reduced to $1,150 for desks and $450 for chairs and advertising expenses are increased to $12,000 for the quarter. Product costs per unit and amounts of all other expenses will not change. Required: 1. Prepare a budgeted income statement for the computer furniture segment for the quarter ended June 30, 2022. that shows the results from implementing the proposed changes. 2. Do the proposed changes increase or decrease budgeted net income for the quarter? Complete this question by entering your answers in the tabs below. Prepare a budgeted income statement for the computer furniture segment for the quarter ended June 30, 2022, that shows the results from implementing the proposed changes. Required: 1. Prepare a budgeted income statement for the computer fumiture segment for the quarter ended June 30,2022 , that shows the results from implementing the proposed changes. 2. Do the proposed changes increase or decrease budgeted net income for the quartet? Complete this question by entering your answers in the tabs below. Do the proposed changes increase or decrease budgeted net income for the quarter

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