Oregon Weights Company manufactures a specialty precision scale. For January, the company expects to sell 1,500 scales at an average price of $2,320 per unit. The average manufacturing cost of each unit sold is $1,420. Variable operating expenses for the company will be $1.40 per unit sold and fixed operating expenses are expected to be $7,600 for the month. Monthly interest expense is $3,300. The company has a tax rate of 40% of income before taxes. Prepare Oregon Weights Company's budgeted income statement for January.