13C Mostly cloudy -/2 E 1 View Policies Current Attempt in Progress SunlandManufacturing Inc. had sales of $2.80 million for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses: Variable Fixed Cost of goods sold $913,000 $442,500 Selling expenses 67,000 44,000 Administrative expenses 87,500 96,000 Prepare a CVP income statement for the quarter ended March 31, 2022. SUNLAND MANUFACTURING INC. CVP Income Statement For the Quarter Ended March 31.2022 14 90