Here is the traditional income statement for the quarter ended December 31:

Here is the contribution format income statement for the quarter ended December 31:

The contribution toward fixed expenses and profits for each snowboard sold during the quarter is:

Ninter Leisure is a retailer of snowboards. The information below is for the quarter ended December 31: Contribution $355 per snowboard 4. What would operating income be if only 1,500 snowboards were sold in a quarter? You can assume no change to fixed expenses will occur if sales decline to 1,500 snowboards