It's C, but how?

Omega Company has sales of $332,000 and cost of goods sold of $216,000. The cost of goods sold is a variable cost. The Company incurred $36,000 of fixed operating expenses and $48,000 of variable operating expenses. Based on this information Multiple Choice net income is $32,000 under the gross margin format and $116,000 under the contribution margin format net income is $116,000 under the gross margin format and $32,000 under the contribution margin format the company's gross margin is $116,000, while its contribution margin is $68,000. O the company's gross margin is $68,000, while its contribution margin is $116,000