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ilm/take Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator The data shown were obtained from the financial records of Italian Exports, Inc., for March: Estimated Sales $590,000 Sales 567,919 Purchases 294,832 10% Ending Inventory Administrative Salaries Marketing Expense ** 50,360 5% Sales Commissions 2% Rent Expense 7,600 Depreciation Expense 1,000 Utilities 2,600 Taxes*** 15% *of next month's sales of estimated sales ***of income before taxes Sales are expected to increase each month by 10%. Prepare a budgeted income statement. Round your answers to the nearest dollar. Italian Exports, Inc. Budgeted Income Statement For the Month Ending Mar. 31, 2020 Previous Check My Work Email Instructor Save and Exit Subrauit Assign en/take Assignment/take AssignmentMain.do?invoker=&take AssignmentSessionLocator=&inprogress=false eBook Calculator Prepare a budgeted income statement. Round your answers to the nearest dollar. Italian Exports, Inc. Budgeted Income Statement For the Month Ending Mar. 31, 2020 Cost of Goods Sold $ Operating Expenses Total Operating Expenses $ Check My Work Previous Email Instructor Save and Exit Submit Assignmen eBook Calculator Cost of Goods Sold Operating Expenses Total Operating Expenses $ $ Check My Work Email Instructor Save and Exit Sub ilm/take Assignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator The data shown were obtained from the financial records of Italian Exports, Inc., for March: Estimated Sales $590,000 Sales 567,919 Purchases 294,832 10% Ending Inventory Administrative Salaries Marketing Expense ** 50,360 5% Sales Commissions 2% Rent Expense 7,600 Depreciation Expense 1,000 Utilities 2,600 Taxes*** 15% *of next month's sales of estimated sales ***of income before taxes Sales are expected to increase each month by 10%. Prepare a budgeted income statement. Round your answers to the nearest dollar. Italian Exports, Inc. Budgeted Income Statement For the Month Ending Mar. 31, 2020 Previous Check My Work Email Instructor Save and Exit Subrauit Assign en/take Assignment/take AssignmentMain.do?invoker=&take AssignmentSessionLocator=&inprogress=false eBook Calculator Prepare a budgeted income statement. Round your answers to the nearest dollar. Italian Exports, Inc. Budgeted Income Statement For the Month Ending Mar. 31, 2020 Cost of Goods Sold $ Operating Expenses Total Operating Expenses $ Check My Work Previous Email Instructor Save and Exit Submit Assignmen eBook Calculator Cost of Goods Sold Operating Expenses Total Operating Expenses $ $ Check My Work Email Instructor Save and Exit Sub