Deleon inc is preparing its annual budgets for the year ending December 31,2020 . Accounting assistants furnish the data shown below. An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative oxpense budget, The latter shows selling expenses of $661,000 for product JB50 and $365.000 for product J860, and administrative expenses of $543,000 for product JB 50 and $342,000 for product J860. Interest experse is $150,000 (not allocated to producti). Incorne tawes. Prepare the budegeted multiple-step income statement for theyear. (Note income taves are not allocated to the products)