Gorgeous Gorillas is a specialty pet gift shop selling exotic pet$-$related items online. The shop has no physical location. Results for last year are shown next: $($Click the icon to view the results.$)$ statement for last year.

Data table

Gorgeous Gorillas

Contribution Margin Income Statement

For the Year Ended December $31$

Sales revenue

Variable expenses

Cost of goods sold

Variable selling and marketing expenses

Variable website maintenance expenses

Contribution margin

Total variable expenses

Less: Fixed expenses

Fixed selling and marketing expenses

Fixed website maintenance expenses

Other fixed operating expenses

Operating income

$\backslash$table$[[1,$Gorgeous Gorillas$],[2,$Traditional Income Statement $($Absorption Costing$),],[3,$For the Year Ended December $31,,],[4,$Sales revenue,,$],[5,$Less Cost of goods sold,,$996,000],[6,$Gross profit,,$669,000],[7,$Less operating expenses:,,$327,000],[8,$Selling and marketing expenses,$63,000,],[9,$Website maintenance expenses,$60,000,],[10,$Other operating expenses,$17,200,140,200],[11,$Operating income,,$186,800]]$