Kingbird, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2020 ure projected as follows. Quarter Units First 99,200 Second 186,000 Third 682,000 Fourth 148,800 Annual total 1.116,000 Kingbird incurs variable manufacturing costs of $0.40 per unit and variable nonmanufacturing costs of $0.40 per unit. Kingbird will incur fixed manufacturing costs of $892,800 and fixed nonmanufacturing costs of $1,339,200. Kingbird will sell its product for $4 per unit. Determine the amount of net income Kingbird will report in each of the four quarters of 2020, assuming actual sales are as projected and employing the integral approach to interim financial reporting. (Ignore income taxes.) Repeat the analysis under the discrete approach. (Round answers to 0 decimal places, ag. 5.125.) 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Net Income (Integral Approach) Net Income (Discrete Approach) LINK TO TEXT Compute Kingbird's profit margin on sales for each of the four quarters of 2020 under both the integral and discrete approaches. (Round answers to 1 decimal place ag 525) Profit margin on sales 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Integral approach Discrets approach 96 96 5