Kingbird Corporation had sales of $3.000.000 for the year ended December 31. 2022. The unit selling price was $15. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $560000 $750,000 Selling expenses 110,000 50,000 Administrative expenses 230,000 70,000 la) Prepare a GAAP income statement. KINGBIRD CORPORATION GAAP Income Statement