Stuart Company has provided the following for the year. Budget Sales $519,000 Variable product costs 203,000 Variable selling expense 50,000 Other variable expenses 2,900 Fixed product costs Fixed selling expense Other fixed expenses Interest expense Variances 15,700 23,500 1,900 760 Sales 8,100 U Variable product costs 4,500 F Variable selling expense 1,600 U Other variable expenses 1,500 U Fixed product costs 300 F 410 F 150 U 100 F Fixed selling expense Other fixed expenses Interest expense Required a. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).)