Wildhorse Manufacturing Ltd.'s sales for the year ended December 31, 2022 are $1.42 million. The expenses for 2022 are as follows:

		Variable		Fixed
Cost of goods sold		$488,000		$274,500
Selling expenses		85,400		40,260
Administrative expenses		42,620		54,900

Wildhorse Manufacturing Ltd.'s sales for the year ended December 31,2022 are $1.42 million. The expenses for 2022 are as follows: Prepare a detailed CVP income statement for the year ended December 31,2022