this is what I am trying to answer using the following information:

Requirement 3 EARRINGS UNLIMITED Budgeted Income Statement For the Three Months Ending June 30 Sales in units 215,000 $2,150,000 Sales Variable expenses Cost of goods sold 215,000 Commissions 86,000 301 00 1,849,000 Contribution margin Fixed expenses: Advertising 600,000 Rent 54,000 318,000 Salaries 21,000 Utilities 9,000 Insurance 42,000 1,044,000 Depreciation Net operating income 805,000 5,300 Less interest expense $799,700 Net income Try again