Im R 13 1 point Using the information on University Store presented below to answer questions 13-14. The University Store Inc. is the major bookseller for four nearby colleges. An income statement information for the year 2020 is presented below: University Store, Incorporated Income Statement For the Quarter Ended March 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Selling expense Administrative expense Net operating income $ 800,000 560,000 240,000 S 100,000 110,000 210,000 $ 30,000 What is total gross margin of University Store during the year 20207 Type your answer. 14 1 point What is total net operating income of University Store during the year 20207 Type your answer 5 15 1 point What is the contribution margin for October (Assume that COGS include only variable expenses)? O $1,424,500 O $3,191,400 O $1,901,900 $996,900