iven: Sales of

$360,000

, Gross Margin of

$140,000

, Contribution Margin of

$110,000

, and Total Selling & Administrative Exp. of

$60,000

, net income using the aditional income statement format equals\

$160,000

\

$50,000

\

$80,000

\

$190,000

iven: Sales of $360,000, Gross Margin of $140,000, Contribution Margin of $110,000, and Total Selling \& Administrative Exp. of $60,000, net income using the aditional income statement format equals $160,000 $50,000 $80,000 $190,000