, Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: $ 300,000 175,000 125,000 104,300 $ 20,700 Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.) Sales Variable expenses $305,000 182,000 Contribution margin 123,000 Fixed expenses 104,300 Net operating income $ 18,700