Carreras Café is a Spanish restaurant in a college town. The owner expects that the number of meals served in June will be 50 percent below those served in May, because so many students leave for the summer. In May, the restaurant served 4,500 meals at an average price of $25.00. In the summer (June through August), the average price of a meal typically increases by 18 percent and the average food cost of a meal increases by 20 percent. Other costs are typically unchanged during the summer. The following cost information is available for May.


Service costs (variable with respect to meals)
Variable service costs (with respect to meals)
Food costs $ 10,800
Labor 16,300
Other variable costs 5,800
Fixed service costs 9,200

Total service costs $ 42,100

Marketing and administrative costs
Marketing (variable with respect to meals) 6,600
Administrative (fixed) 4,400

Total marketing and administrative costs $ 11,000

Total costs $ 53,100


Required:

Prepare a budgeted income statement for June. (Do not round intermediate calculations.)