Jorge company bottles and distributes b-lite, a diet soft drink. the beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. for the year 2017, management estimates the following revenues and costs. sales $1,840,000 selling expenses—variable $70,000 direct materials 440,000 selling expenses—fixed 55,000 direct labor 300,000 administrative expenses—variable 26,000 manufacturing overhead—variable 360,000 administrative expenses—fixed 46,000 manufacturing overhead—fixed 511,500 prepare a cvp income statement for 2017 based on management’s estimates.