Gorgeous G ht-out charg geous Gor Data table 2 3 4 Sales revenue 5 Less Cost of goods sold Gorgeous Gorillas Traditional Income Statement (Absorption Costing) For the Year Ended December 31 S 999,000 667,000 Gross profit S 332,000 7 Less operating expenses B Selling and marketing expenses S 62,000 9 Webside maintenance expenses 59,500 10 Other operating expenses 18,600 140,100 11 Operating income Print Done $ 191,900 ce Gorgeous Gorillas is online only, af of its cost of goods sold in varate A nd 25% of the website expenses were vanable Of the other operating