Fortune Incorporated is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per unit. Sales (in units) are budgeted at 153,000 for the first quarter. Cost of goods sold is $12 per unit. Other expense information for the first quarter follows: Prepare a budgeted income statement for the first quarter ended March 31. (Round your intermediate and final answers to the nearest whole dollar.) \begin{tabular}{|l|l|l|} \hline FORTUNE, INCORPORATED & Budgeted Income Statement \\ \hline For Quarter Ended March 31 & & \\ \hline Rent expense & & \\ \hline Selling, general and administrative expenses & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}