need the blanks as well as whats red. ty

PHOENIX COMPANY Fixed Budget Report For Year Ended December 31, 2015 Sales $3,000,000 Cost of goods sold Direct materials Direct labor Machinery repairs (variable cost) Depreciation-plant equipment (straight-line) Utilities ($45,000 is variable) Plant management salaries 975,000o 225,000 60,000 300,00o 195,000 200,000 1,955,000 Gross proft Selling expenses 1,045,000 Packaging Shipping Sales salary (fixed annual amount) 75,000 105,000 250,000 430,000 General and administrative expenses Advertising expense Salaries Entertainment expense 125,000 241,000 90,000 456,000 Income from operations $ 159,000