Sunland Inc. has sales of $2,320,000 for the first quarter of 2022. In making the sales, the company incurred the following costs and expenses. Variable Fixed Cost of goods sold $881,600 $696,000 Selling expenses 110,200 69,600 Administrative expenses 91,640 76,560 Prepare a CVP income statement for the quarter ended March 31, 2022. SUNLAND INC. CVP Income Statement