Ivanhoe Inc. had sales of $1,892,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $791,200 $378,400 Selling expenses 60,200 38,700 Administrative expenses 73,960 84,280 Prepare a CVP income statement for the quarter ended March 31, 2022. Sales IVANHOE INC. CVP Income Statement For the Quarter Ended March 31, 2022 Cost of Goods Sold Gross Profit $ $ 1892000