Using the previous budgets developed, prepare a Budgeted Income Statement by Quarter for 2021 using the following template:
Income tax rate is 30%
Husky Co.
Budgeted Income Statement by Quarter
For the Year Ended Dec 31, 2021
	Q1	Q2	Q3	Q4	Annual
Sales	$420,000	$480,000	$720,000	$960,000	$2,580,000
Cost of Goods Sold					$ (1,769,860)
Gross Profit					$810,140
SG&A Expenses
Operating Profit
Interest Expense	$0	$ (720)	$ (10,020)	$ (18,030)	$ (28,770)
Taxable Income
Income Tax
Net Income