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Can someone please help me on this please! Thank you! The contribution format income statement for Huerra Company for last year is given below: Unit

Can someone please help me on this please! Thank you!image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

The contribution format income statement for Huerra Company for last year is given below: Unit Total $1,000,000 50.00 Sales Variable expenses 600,000 30.00 Contribution margin 400,000 20.00 Fixed expenses 318,000 15.90 Net operating income 82,000 4.10 Income taxes 40% 32.800 1.64 49,200 2.46 Net income The company had average operating assets of$491,000 during the year

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