Cullumber Industries developed the following information for the product it sells: Sales price $51 per unit Variable cost of goods sold Fixed cost of goods sold Variable selling expense Variable administrative expense $29.00 per unit $674,440 10% of sales price $2.00 per unit $425,000 Fixed selling expense Fixed administrative expense $325,000 For the year ended December 31, 2022, Cullumber produced and sold 125,000 units of product. (a) Prepare a CVP income statement using the contribution margin format for Cullumber Industries for 2022. (List variable expenses before fixed expenses.)