Help Save & Exit Submit Acme Company sold 1,000 units for $128 each. Variable costs were $70 per unit and total fixed expenses were $23,500. Prepare a contribution margin income statement. 128,000 Contribution Margin Income Statement Cost of Goods Sold Gross Margin Sales Revenue Variable Costs 70,000 Contribution Margin $ 58,000 Fixed Costs 23,500 Net Income After Taxes 34,500) Interest Expense Profit