Fortune, Inc., is preparing its master budget for the first quarter. The company tells a single product at a price of 525 per unit. Sales (in units) are forecasted at 38,000 for January, 58,000 for February, and 48,000 for March Cost of goods sold is $12 per unit. Other expense Information for the first quarter follows Comissions Rent Advertising Office salaries Depreciation Interest Tax rate 12% of sales dollars $ 17,000 per month 10% of sales dollars $80,000 per month $ 51,000 per month 13% annually on = $220,000 note payable 30% Prepare a budgeted income statement for this first quarter. (Round your final answers to the nearest whole dollar) FORTUNE INCI Budgeted Income Statement For Quarter Ended March 31 Operating expenses 0