Marin Corporation, a publicly traded company, is preparing the interim financial data

which it will issue to its stockholders and the Securities and Exchange Commission

$($SEC$)$ at the end of the first quarter of the $2025-2026$ fiscal year. Marin's financial

accounting department has compiled the following summarized revenue and expense

data for the first quarter of the year.

Sales revenue

Cost of goods sold

Variable selling expenses

Fixed selling expenses

$$61,000,000$

$36,200,000$

$970\mathrm{.}000$

$2,820,000$

Included in the fixed selling expenses was the single lump$-$sum payment of $$1,860,000$

for television advertisements for the entire year.

Marin Corporation must issue its quarterly financial statements in accordance with

generally accepted accounting principles regarding interim financial reporting.

State how the sales revenue, cost of goods sold, and fixed selling expenses would be reflected in Marin Corporation's quarterly

report prepared for the first quarter of the $2025-2026$ fiscal year.

MARIN CORPORATION

Revenue and Expenses

$2025-2026$