Fiorella and Sanchez, physicians, budgeted for the following revenues and expenses for September:

Preparing a budgeted income statement

Fiorella and Sanchez, physicians, budgeted for the following revenues and expenses for September:

Depreciation - equipment	$1,850
Fringe benefits	3,300
Lease expense	2,500
Nursing wages	4,500
Physicians’ salaries	28,000
Patient revenue	58,500
Secretarial support	2,200
Utilities	650

Prepare a budgeted income statement for the month ending September 30, 2013.