Russell Inc. had sales of $2,200,000 for the first quarter of 2022 (it sold 220,000 units). In making the sales, the company incurred the following costs and expenses. Variable: Fixed Cost of goods sold $920,000 $440,000 Selling expenses 70,000 45,000 Administrative expenses 88,000 98,000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, e.g. 15.25.) RUSSELL INC. Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, e.g. 15.25.) RUSSELL INC. CVP Income Statement Total Per Unit Percent of Sales % % %