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North Company has completed all of its operating budgets. The sales budget for the year shows 50380 units and total sales of $ 2253500 .

North Company has completed all of its operating budgets. The sales budget for the year shows50380units and total sales of $2253500. The total unit cost of making one unit of sales is $23. Selling and administrative expenses are expected to be $304800. Interest is estimated to be $10,000. Income taxes are estimated to be $216200.

a budgeted multiple-step income statement for the year ending December 31, 2014.

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