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Gonyo Inc., which produces and sells a single product, has provided the following contribution format income statement for December appears below: Sales (5,000 units) $

Gonyo Inc., which produces and sells a single product, has provided the following contribution format income statement for December appears below:

Sales (5,000 units) $ 295,000
Variable expenses 150,000

Contribution margin 145,000
Fixed expenses 104,200

Net operating income $ 40,800

Redo the company's contribution format income statement assuming that the company sells 5,200 units.

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