Sandhill Inc. had sales of $2,400,000 for the first quarter of 2020. In making the sales, the company incurred the following costs and expenses Cost of goods sold Selling expenses Administrative expenses Variable $958,000 115.000 132,000 Fixed $488,000 64.000 110,000 Prepare a CVP income statement for the quarter ended March 31, 2020. SANDHILL INC. CVP Income Statement Prepare a CVP income statement for the quarter ended March 31, 2020. SANDHILL INC. CVP Income Statement $