Alderman Labs performs a specialty lab test for local companies for $46 per test. For the upcoming quarter, Alderman Labs is projecting the following sales: The budgeted cost of performing each test is $22. Operating expenses are projected to be $59,000 in January, $58,000 in February, and $63,000 in March. Alderman Labs is subject to a corporate tax rate of 30%. Requirement Prepare a budgeted income statement for the first quarter, with a column for each month and for the quarter. January 5,600 February 4,600 March 5,700 Number of lab tests ...... Duageted income Statement For the Quarter Ended March 31 January February Marci Quarter Sales Less: Cost of goods sold Gross profit Less: Operating expenses Operating income Less: Income tax expense Net income Enter any number in the edit fields and then continue to the next