Oriole Company has sales of $1,615,000 for the first quarter of 2022. In making the sales,...

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Oriole Company has sales of $1,615,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Product costs Selling expenses Administrative expenses Variable: Net Income $516,000 116,000 96,000 Fixed $566,000 91,000 83,000 Calculate the company's net income under CVP for 2022. Oriole Company has sales of $1,615,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Product costs Selling expenses Administrative expenses Variable: Net Income $516,000 116,000 96,000 Fixed $566,000 91,000 83,000 Calculate the company's net income under CVP for 2022.