Pearl 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 20172018 fiscal year. Sniders financial accounting department has compiled the following summarized revenue and expense data for the first quarter of the year.

Sales revenue		$30,160,000
Cost of goods sold		19,580,000
Variable selling expenses		550,000
Fixed selling expenses		1,390,000

Included in the fixed selling expenses was the single lump-sum payment of $1,020,000 for television advertisements for the entire year. Pearl Corporation must issue its quarterly financial statements in accordance with generally accepted accounting principles regarding interim financial reporting. (b2) State how the sales revenue, cost of goods sold, and fixed selling expenses would be reflected in Pearl Corporations quarterly report prepared for the first quarter of the 20172018 fiscal year.