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Bramble Inc. is preparing its annual budgets for the year ending December 31,2025 . Accounting assistants furnish the data shown below. An accounting assistant has prepared the detailed manufacturing overhead budget and the selling and administrative expense budget. The latter shows selling expenses of $683,200 for product 1850 and $439,200 for product j8 60 , and administrative expenses of $658,800 for product JB 50 and $414,800 for product JB60. Interest expense is $150,000 (not allocated to products). Income taxes are expected to be 20x. Prepare the budgeted multiplestep income statement for the year, (Wote incorne taves are not allocated to the products)