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Gulf States Manufacturing has the following data from year 1 operations, which are to be used for developing year 2 budget estimates:

Sales revenues (21,500 units)$1,935,000

Manufacturing costs

Materials$345,000

Variable cash costs471,000

Fixed cash costs189,000

Depreciation (fixed)233,000

Marketing and administrative costs

Marketing (variable, cash)244,000

Marketing depreciation59,000

Administrative (fixed, cash)236,000

Administrative depreciation$21,000

Total costs$1,798,000

Operating profits$137,000

All depreciation charges are fixed. Old manufacturing equipment with an annual depreciation charge of $15,450 will be replaced in year 2 with new equipment that will incur an annual depreciation charge of $21,900. Sales volume and prices are expected to increase by 10 percent and 6 percent, respectively. On a per-unit basis, expectations are that materials costs will increase by 8 percent and variable manufacturing costs will decrease by 2 percent. Fixed cash manufacturing costs are expected to decrease by 6 percent.

Variable marketing costs will change with volume. Administrative cash costs are expected to increase by 6 percent. Inventories are kept at zero. Gulf States operates on a cash basis.

I need to figure out the budgeted income statement for year 2.(Do not round intermediate calculations.)

I almost have this whole thing figured out I just can't figure out the depreciation.

GULF STATES MANUFACTURING

Budgeted Income Statement

For Year 2

Sales revenue--$2,256,210

Manufacturing costs:

Materials-- $409,860

Variable cash costs--$507,738

Fixed cash costs-- $177,660

Depreciation (fixed)-- $jQuery22405411115389906422_1544032656179??

Total manufacturing costs-- $1,350,158

Marketing and administrative costs:

Marketing (variable, cash)-- $268,400

Marketing depreciation-- $59,000

Administrative (fixed, cash)-- $250,160

Administrative depreciation-- $21,000

Total marketing and administrative costs-- $598,560

Total costs-- $1,948,718

Operating profit-- $???