Hamby Inc. has sales of $2,085,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold Selling expenses Administrative expenses $761,000 96,300 89,000 $611,000 65,000 71,600 Prepare a CVP income statement for the quarter ended March 31, 2017 HAMBY INC. Inoome Statement