\begin{tabular}{|l|r|r|} \hline & Variable & \multicolumn{1}{c|}{ Foxed } \\ \hline Cost of goods sold & $888,000 & $464,000 \\ \hline Selling expenses & 74,000 & 54,000 \\ \hline Administrative expenses & 96,000 & 145,000 \\ \hline \end{tabular} Prepare a CVP income statement for the quarter ended March 31, 2025. (Round per unit answers to 2 decimal places, es. 15.25)