Question 3 Sunland Inc. had sales of $2,240,000 for the first quarter of 2020. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold Selling expenses Administrative expenses $968,000 $476,000 52,000 08,000 101,000 102000 5 Prepare a CVP income statement for the quarter ended March 31, 2020. SUNLAND INC. CVP Income Statement For the Quarter Ended March 31,2020 Attempts: 0 of 4 used Check