Windsor Company has completed all of its operating budgets. The sales budget for the year shows 53,200 units and total sales of $2,181,200. The total cost of making one unit of sales is $24. It estimates selling and administrative expenses to be $327,000 and income taxes to be $173,220. Prepare a budgeted income statement for the year ending December 31, 2022. WINDSOR COMPANY Budgeted Income Statement For the Year Ending December 31, 2022 $ $

Windsor Company has completed all of its operating budgets. The sales budget for the year shows 53,200 units and total sales of $2,181,200. The total cost of making one unit of sales is $24. It estimates selling and administrative expenses to be $327,000 and income taxes to be $173,220. Prepare a budgeted income statement for the year ending December 31,2022