Accounting records for The Ralston Company show the following for the most recent fiscal year:

$\backslash$table$[[$Units produced and sold,$59,500],[$Total revenues and costs,$],[$Sales revenue,$373,600],[$Direct materials costs,$95,600],[$Direct labor costs,$48,000],[$Variable manufacturing overhead,$24,200],[$Fixed manufacturing overhead,$62,000],[$Variable marketing and administrative costs,$19,900],[$Fixed marketing and administrative costs,$47,100]]$

Required:

a$.$ Prepare a gross margin income statement.

b$.$ Prepare a contribution margin income statement.

Complete this question by entering your answers in the tabs below.

Prepare a gross margin income statement.

$\backslash$table$[[$Sales revenue Margin Income Statement,$],[,],[,],[$Gross margin,$],[,]]$