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Sunland Inc. has sales of $2,085,000 for the first quarter of 2020. In making the sales, the company incurred the following costs and expenses.

  

Sunland Inc. has sales of $2,085,000 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 Fixed $768,000 $604,000 96,700 65,400 82,500 74,200 Prepare a CVP income statement for the quarter ended March 31, 2020.

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