10 of 10 -//1-=; CullumberManufacturing Inc. had sales of $2.90 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 $903,500 $448,000 Selling expenses 67,500 40,000 Administrative expenses 89,500 97,500 Prepare a CVP income statement for the quarter ended March 31, 2022. CULLUMBER MANUFACTURING INC. CVP Income Statement March 31, 2022 Fixed costs