copy/paste from the Instruction tab you will be marked wrong.) Five Macaws Contribution Margin Income Statement For the Year Ended December 31 Sales revenue $ 990,000 Less: Variable expenses Variable cost of goods sold 673,000 Variable selling and marketing expenses 28,620 Variable web site maintenance expenses 14,500 Other variable operating expenses 1,760 Contribution margin $ 272,120 Less: Fixed expenses Fixed selling and marketing expenses 36,880 Fixed web site maintenances expenses 43,500 Other fixed operating expenses 15,840 Operating income $ 175,900