hi Section A: Preparing Budgeted Income Statement Question 1 Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its anal budgeting process: Budgeted unit sales Selling price per unit Cost per unit Variable selling and administrative expenses (per unit) Fixed selling and administrative expenses (per year) Interest expense for the year Prepare the company's budgeted income statement for the year. 460 $1,950 $1,575 $75 $105,000. $14,000

Section A: Preparing Budgeted Income Statement Question 1 Gig Harbor Boating is the wholesale distributor of a small recreational catamaran saiboat. Management has prepared the following summary data to use in its andsal budgeting process: Prepare the company's budgeted income statement for the year. Section A: Preparing Budgeted Income Statement Question 1 Gig Harbor Boating is the wholesale distributor of a small recreational eatamaran sailboat Management has prepared the following summary data to use in its antral budgeting process: Prepare the company's budgeted income statement for the year