Question 5 View Policies Current Attempt in Progress Whispering Winds Inc had sales of $2,340,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses. Cost of goods sold Selling expenses Administrative expenses Variable Fixed $937,000 $468,000 121,000 75.000 92,000 103.000 Prepare a CVP income statement for the quarter ended March 31, 2017. WHISPERING WINDS INC. CVP Income Statement