Presto Corp. had total variable costs of $173,052, total fixed costs of $173,400, and total revenues of $303,600 Compute the required sales in dollars to break even. (Round answer to 0 decimal places, e.g. 1,225.) x- Required sales Russell Inc. had sales of $2,300,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses Cost of goods sold Selling expenses Administrative expenses Variable $940,000 74,000 96,000 Fixed $464,000 54,000 145,000 Prepare a CVP income statement for the quarter ended March 31, 2017 | RUSSELL INC. CVP Income Statement For the Quarter Ended March 31, 2017 Sales Variable Costs Administrative Expenses Fixed Costs Net Income/(Loss) 527000