repare an estimated income statement for 20Y3. Wolsey Industries Inc. Estimated Income Statement For the Year Ended December 31, 20Y3 Sales $ Cost of goods sold: Direct materials $ Direct labor Factory overhead Total cost of goods sold Gross profit $ Expenses: Selling expenses: Sales salaries and commissions $ Advertising Travel Miscellaneous selling expense Total selling expenses $ Administrative expenses: Office and officers' salaries $ Supplies Miscellaneous administrative expense Total administrative expenses Total expenses Operating income $