Ivanhoe Inc. had sales of $2,300,000 for the first quarter of 2022 (it sold 230,000 units). In making the sales, the company incurred the following costs and expenses. Variable Cost of goods sold: $888,000 Selling expenses: 74,000 Administrative expenses: 96,000 Fixed Cost of goods sold: $464,000 Selling expenses: 54,000 Administrative expenses: 145,000 Prepare a CVP income statement for the quarter ended March 31, 2022