Sheridan Company bottles and dutributes B-4, a dit soft drink. The beverage is sold for 60 cuota per 16-ounce bottle to retailers, who charge customer 15 cunts per bottle. For the year 2020, management estimate the following revenues and costs. Sales $1.900.000 Selling expenses-viable $79.000 500.000 Selling expenses 56.000 Direct labor 300,000 Admistrative penale 27.000 Manufacturing overhead-variable 400,000 Administrative expenses-fod 370.500 Manufacturing overheaded 210.000 Direct material Preparece income statement for 2020 dan management's time SHERIDAN COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2020 100 1300000