Marin, Inc. is a company that manufactures and sells a single product. Unit sales for each of the four quarters of 2020 are projected as follows.

Quarter

Units

First

73,600

Second

138,000

Third

506,000

Fourth

110,400

Annual total

828,000

Marinincurs variable manufacturing costs of $0.30per unit and variable nonmanufacturing costs of $0.35per unit.Marinwill incur fixed manufacturing costs of $662,400and fixed nonmanufacturing costs of $993,600.Marinwill sell its product for $4per unit.

Determine the amount of net incomeMarinwill 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, e.g. 5,125.)

ComputeMarin'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, e.g. 52.5%.)