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The following is Beta Hardware Corporation's income statement for the year ended Aptil 30, 2023: Salaries are comprised of $67,000 in manager's salaries and $36,000

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The following is Beta Hardware Corporation's income statement for the year ended Aptil 30, 2023: Salaries are comprised of $67,000 in manager's salaries and $36,000 in office employees' salaries Beta Hardware is a small business and it does not intend to spend a lot of time and money on budgeting. The manager has determined the 2024 budgeted income statement should simply reflect the following predicted changes from the 2023 income staternent - Revenues will increase by 2.5% - Gross profit will increase by 696 - Selling costs will decrease by 5% - Managers' salaries will increase by 6% - Administrative costs, office employees' salaries, and rent expense will remain the same

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