4 of 5 < View Policies Current Attempt in Progress -/20 E! Sandhill Inc. had sales of $2,340,000 for the first quarter of 2022 (it sold 234,000 units). In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $965,000 $461.000. Selling expenses 74,000 79,000 Administrative expenses 131,000 119,000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, eg. 15.25.) Sales Variable Costs Contribution Margin Fixed Costs Net Income/(Loss) v $ SANDHILL INC. CVP Income Statement For the Quarter Ended March 31, 2022 Total Per Unit Percent of Sales % % %