Amazin' 69 Corp. reports the following information for May: Information Amount Sales Revenue $723,300 Variable Cost of Goods Sold $144,400 Fixed Cost of Goods Sold $126,400 Variable Selling and Administrative Costs $110,300 Fixed Selling and Administrative Costs $56,300 1. Calculate the gross profit and operating income for May using absorption costing. Amazin' 69 Corp. Income Statement For Month Ending May 31, 20xx Cost of Goods Sold Gross Profit Selling and Administrative Costs: Operating Income 2. Calculate the contribution margin and operating income for May using variable costing Amazin' 69 Corp. Contribution Margin Income Statement For Month Ending May 31, 20XX Variable Costs Contribution Margin Fixed Costs Operating Income