10 points Crazy Canucks is a small, family-owned retailer specializing in alpine ski and snowboard equipment located in Squamish, B.C. An Income statement for the ski department's most recent month is shown below CRAZY CANUCKS Income Statement-Crazy Canucks For the Month Ended January 31 Sales Cost of goods sold. Gross margin, Selling and administrative expenses Print Selling expenses Administrative expenses Beferences Operating income $ 351,000 210,600 140,400 $70,200 23,400 93,600 $40,000 Skis sell, on average, for $1,500 per pair. Variable selling expenses are $184 per pair of skis sold. The remaining selling expenses are fixed. The administrative expenses are 20% variable and 80% fixed. The company purchases its skis from several suppliers at an average cost of $900 pe pak Required: 1. Prepare an income statement for the month using the contribution approach Crazy Canucks Income Statement-Crazy Canucks For the Month Ended January 31 Variable expenses