Gorgeous Gorl as is a speclalty pet gift shop selling exotic pet-related tems online. The shop has no physical location. Resuts for last year are shown 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 contribution margin format. Since Gorgeous Gorillas is online only, all of its cost of goods sold is vanable. A large portion o e sel ng ar market ng expenses consists o ght-out charges $19,800), h were also va able. Only 20% o the remaining sulling and market ng ex enses anc 25% of he website expenses ere va able or the other operating expenses, 90% were fixed. Based on this information, prepare Gorgeous Gorillas' contribution margin income statement for last year Data Table Gorgeous Gorillas Contribution Margin Income Statement For the Year Ended December 31 Gorgeous Gorillas Traditional Income Statement (Absorption Costing) For the Year Ended December 31 Less: Sales revenue Less: Cost of goods sold Gross profit $1,014,000 674,000 $340,000 Less operating expenses $61,500 58,500 17,000 Selling and marketing expenses Website maintenance expenses Olher operating expenses Less: 137,000 $203,000 Operating income Print Done Choose from any list or enter any number in the input fields and then continue to the next