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The following is Alpha Hardware Corporation's income statement for the year ended June 30,2022 : Salaries are comprised of $60,000 in manager's salaries and $39,000

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The following is Alpha Hardware Corporation's income statement for the year ended June 30,2022 : Salaries are comprised of $60,000 in manager's salaries and $39,000 in office employees'salaries Alpha Hardware is a small business and it does not intend to spend a lot of time and money on budgeting. The manager has determine budgeted income statement should simply reflect the following predicted changes from the 2022 income statement: - Revenues will increase by 4% - Gross profit will increase by 5% - Selling costs will decrease by 6% - Managers' salaries will increase by 6% - Administrative costs, office employees' salaries, and rent expense will remain the same Prepare the budgeted income statement for the year ending June 30,2023 using the incremental budgeting appr

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