Problem 2 Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2017, management estimates the following revenues and costs Sales Direct materials Direct labor 2-2A $1,850,000Slng expenses-variable 430,000 Selling expenses-fixed 330,000 Administrative expenses-variable 360,000 Administrative expenses-fixed 418,500 $50,000 0,000 32,500 60,000 cturing overhead-variable Prepare a CVP income statement for 2017 based on mnagement's estimates. COMPANEtmated CVP Income Statement (Estimated)