OrioleManufacturing Inc. had sales of $2.65 million for the rst quarter of 2022. In making the sales, the company incurred the following costs and expenses: Variable Fixed Cost of goods sold $909,000 $443,000 Selling expenses 72,500 41,500 Administrative expenses 87,500 97,500 Prepare a CVP income statement for the quarter ended March 31,2022. ORIOLE MANUFACTURING INC. CVP Income Statement Forthe Quarter Ended March 31, 2022 V Sales V $ Variable costs V Contribution margin V Fixed costs V Operating income v $