Wildhorse Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers. For the year 2027, management estimates the following revenues and costs. Sales $1,750,000 Selling expensesvariable $108,000 Direct materials 450,000 Selling expensesfixed 54,000 Direct labor 400,000 Administrative expensesvariable 22,000 Manufacturing overheadvariable 420,000 Administrative expensesfixed 71,000 Manufacturing overheadfixed 120,000 (a) Prepare a CVP income statement for 2027 based on managements estimates. (Round per unit answers to 3 decimal places, e.g. 0.251.)