Data from various budgets to go by is below What is the budgeted income statement for third quarter

Data from various budgets to go by is below

What is the budgeted income statement for third quarter of the year?

(for the company’s bank to use so the company can get a loan)

Sales forecast: $185,000

Interest expense: $2,400

Selling and administrative expenses: $74,450

Cost of goods sold: $56,800

(Company’s income tax rate is 30%)

(Income before taxes: $51,350)