Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March:

Sales (5,000 units)	$ 320,000
Variable expenses	150,000
Contribution margin	170,000
Fixed expenses	104,700
Net operating income	$ 65,300

Required:

Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.)

Required: Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.)