The folowing is Gamma Hardware Corpocation's income statement tor the year ended March 11,2020. Solaries are comprised of \$62,000 in managers sabries and 537,000 in office emploses' waries Gamma Hardwave is a smati butiness and it does not iotend po scend a lot of the and money on budgeting The manager has determined the 2021 budgeted insome statement should smply reflect the following predicted changes Grom the 2020 income statement - Revenues will increase by 35% - Gross profit will increace by BN - Selling copts wil decrease by 4x - Managers salaries will increase by 5% Donotenter dollarsipos or commat in the iepuaboues. Prepare the budgeted income statement for the yey ending March 31, 2021 using the incremeenal budgeting appeoach them the 2020 income statement - Revenuer wal increase by 35\% - Gross profit wal increase by bs - Selling coser will decrease by as - Managers salarier war increase by 5x - Administrative conts olfice employees salaries and rent empenie wat remain the same