Sheridan Inc. had sales of $2,240,000 for the first quarter of 2022 (it sold 224,000 units). In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $776,600 $483,000 Selling expenses 111,000 52,000 Administrative expenses 98,000 109,000 Prepare a CVP income statement for the quarter ended March 31, 2022. (Round per unit answers to 2 decimal places, e.g. 15.25.) $ Total SHERIDAN INC. CVP Income Statement $ Per Unit Percent of Sales % % %