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Current Attempt in Progress Coronado Company has completed all of its operating budgets. The...

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Accounting

Current Attempt in Progress
Coronado Company has completed all of its operating budgets. The sales budget for the year shows 46,000 units and total sales of $2,070,000. The total cost of producing one unit is $20. Selling and administrative expenses are expected to be $276,000. Interest is estimated to be $9,200. Income taxes are estimated to be $184,000.
Prepare a budgeted multiple-step income statement for the year ending December 31,2022.
CORONADO COMPANY
Budgeted Income Statement
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