Excelus Manufacturing Inc.'s sales for the year ended December 31, 2020 are $1.35 million. The expenses for 2020 are as follows: Variable Fixed Cost of goods sold $419,000 $225,500 Selling expenses 74,000 195,000 Administrative expenses 30,500 44,500 Prepare a detailed CVP income statement for the year ended December 31, 2020. Excelus Manufacturing Inc. CVP Income Statement $