Hamby Inc. has sales of $2,100,000 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 $767,000 97,300 83,500 $619,000 61,500 70,700 Prepare a CVP income statement for the quarter ended March 31, 2017. HAMBY INC. Income Statement