Wildhorse Company has budgeted the following for the year ended December 31, 2022: 1. 2. Sales: 52,500 units; unit selling price $78. Cost of one unit of finished goods: direct materials, 2 kg at $4 per kilogram; direct labour, 4 hours at $13 per hour; and manufacturing overhead, $2 per direct labour hour. Selling and administrative expenses: $135,000. 3. 4. Income taxes: 25% of income before income taxes. Prepare a budgeted income statement for the year ended December 31, 2022. WILDHORSE COMPANY Budgeted Income Statement For the Year Ended December 31, 2022 $