Consider the Stylistic Furniture example described earlier. Suppose that to maintain its sales quantities, Stylistic needs to decrease selling prices to $582 per Casual table and $776 per Deluxe table, a 3% decrease in the selling prices used in the chapter illustration. All other data are unchanged.

Prepare a budgeted income statement, including all necessary detailed supporting budget schedules that are different from the schedules presented in the chapter. Indicate those schedules that will remain unchanged.