View Policies Current Attempt in Progress Pronghorn Inc. had sales of $2,410,000 for the first quarter of 2017. In making the sales, the company incurred the following costs and expenses. Cost of goods sold Selling expenses Administrative expenses Variable Fixed $940,000 $466,000 109,000 72,000 97,000 106,000 Prepare a CVP income statement for the quarter ended March 31, 2017 PRONGHORN INC. CVP Income Statement Administrative Expenses Contribution Margin Cost of Goods Sold Fixed Costs Gross Profit Net Income/(Loss) Sales Selling Expenses Variable Costs baur score