2. Bishop Company's traditional income statement for a sales volume of 8,000 units is as follows (items that have fixed and variable components are shown in the parenthesis): (15 Points) $32,000 $22,800 $ 9,200 Revenues Cost of goods sold ($6,000 + $2.10 per unit) Gross profit Operating expenses: Selling ($1,200 + $0.10 per unit) Administrative ($4,000 + $0.20 per unit) Operating income $ 2,000 $ 5,600 $ 1,600 A. Prepare an income statement in the contribution margin approach. B. Calculate the contribution margin per unit. C. Calculate the contribution margin ratio