2. 18pts) The following in the income Statement taken from the Grabow Company's current account ing data for the year just ended: Sales (20,000 units) Cost of Goods Sold $1,001,000 600,600 400,400 Gross Margin Operating Expenses Selling Expenses Variable Fixed 150,000 94,000 44,000 Administrative Expenses Operating Income $112,400 In Cost of Goods Sold, total fixed manufacturing costs for the year were $36,000. All administrative expenses are considered to be fixed. Average Operating Assets were $940,000 Required: A. Using the above information for the Grabow Company, create an Income Statement in contribution margin format