Crane Inc. had sales of $2,350,000 for the first quarter of 2022 (it sold 235,000 units). In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $879,000 $459,000 Selling expenses 114,000 55,000 Administrative expenses 88,000 116,000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, e.g. 15.25.) CRANE INC. CVP Income Statement Total Per Unit Percent of Sales Sales $ 2350000 $ 10 Variable Costs -1081000 i 4.6 i Contribution Margin 1081000 $ 4.6 Fixed Costs -630000 i Net Income/(Loss) $ 1720000