Gorgeous Gorillas is a Scially pel girl shop selling crolit pel- elalud ilernis online. The shophes rohysical localiun. Results for last year are show next Click the icon to view the results.) For internal planning and decision-making purposes the owner of Gorgeous Gorillas would like to translate the company's income statement into the curbitzulicr margain format. Since Gorgeous Guilles is online only, all of its cost of goods sold is variable. A largo portion of the selling and marketing expenses consists of freight out charges ($20,000), which were also variable Only 20% of the remaining selling and marketing expenses and 25% of the website expenses were variable. Of the other operating expenses, 90% were fixed. Based on this information, prepare Gorgeous Gorillas' contribution margin income statement for last year. i Dala Table - X Gorgeous Gorillas Contribution Margin Income Statement For the Year Ended December 31 Sales revenue 1,011.000 660 cal 28.800 14,125 Less: Variable expenses Cost of xxxis sold Variable selling and marketing expenses Variable website maintenance expenses Other variable operating experises Total variable: expenses Lus: Fixed expenses Fixed selling and marketing expenses Fixed website maintenance experises 1.800 712,725 A B 1 1 Gorgeous Gorillas 2 2 Traditional Income Statement (Absorption Costing) 3 3 For the Year Ended December 31 4 Sales revenue S 1.011.000 5 Less: Cost of goods solo 6 Grass profit S 343,000 7 7 Less operating expenses: 8 Selling and marketing expenses S g Website maintenance expenses 56,500 10 Other operating expenses 138.500 11 Operating income S 204.500 35,200 42,375 Other lixed operating expenses 10.200 93776 Total fixed expenses Print Done Choose from any liat or enter any number in the input fields and then click Check Anawer. Contribution margin Cost of goods sold Fixed expenses Fixed selling and marketing expenses Fixed website maintenance expenses Operating income Other fixed operating expenses Other variable operating expenses Sales revenue Total fixed expenses Total variable expenses Variable expenses Variable selling and marketing expenses Variable website maintenance expenses