Answer:
           CVP Income Statement
Sales revenue                   2,300,000
Less: Total variable cost   <u>1,171,000</u>
Contribution margin          
1,129,000
Less: Fixed cost                 <u>664,000</u>
Net Operating income     <u>$465,000</u>
Note:
Cost of goods sold    936,000  
Selling expenses       119,000
Admin expense         <u>116,000</u>
Total variable cost    <u>1,171,000</u>
Cost of goods sold      
473,000
Selling expenses         71,000
Admin expense           <u>120,000</u>
Total Fixed cost           <u>664,000</u>