$\backslash$table$[[$Coyle Manufacturing$],[$Budgeted Income Statement,$],[$For Year $2,],[,],[,],[,],[,],[$Tonufacturing costs:,$],[$Marketing and administrative costs:,$],[,],[,],[,],[,],[$Total marketing and administrative costs,$],[$Total costs,$]]$Coyle Manufacturing reports the following information for year $1$:

Sales revenue $(60,000$ units$)$ $ $5,130,000$

Manufacturing costs

Materials $ $302,000$

Variable cash costs $256,000$

Fixed cash costs $590,000$

Depreciation $($fixed$)1,800,000$

Marketing and administrative costs

Marketing $($variable$,$ cash$)760,000$

Marketing depreciation $269,000$

Administrative $($fixed$,$ cash$)916,000$

Administrative depreciation $134,000$

Total costs $ $5,027,000$

Operating profits $($losses$)$ $ $103,000$

All depreciation charges are fixed. Manufacturing depreciation is expected to increase by $10$ percent in year $2.$ Marketing and administrative depreciation are expected to remain the same for year $2.$ Sales volume is expected to increase by $5$ percent, but prices are expected to fall by $10$ percent. Materials costs per unit are expected to decrease by $8$ percent. Unit variable cash manufacturing costs are expected to increase by $15$ percent. Fixed cash costs are expected to increase by $6$ percent.

Variable marketing costs will change with unit volume. Administrative cash costs are expected to decrease by $10$ percent. Inventories are kept at zero. Coyle Manufacturing operates on a cash basis.

Required:

Prepare a budgeted income statement for year $2$ for Coyle Manufacturing.

Note: Do not round intermediate calculations.