J Bonita, Ltd. is a local coat retailer. The store's accountant prepared the following income statement for the month ended January 31: $ 788,000 394,000 394,000 Sales revenue Cost of goods sold Gross margin Operating expenses Selling expense Administrative expense Net operating income $ 23,990 50,010 74,000 $ 320,000 Bonita sells its coats for $250.00 each. Selling expenses consist of fixed costs plus a commission of $6.50 per coat. Administrative expenses consist of fixed costs plus a variable component equal to 6% of sales. Prepare a contribution format income statement for January. (Round per unit cost to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.) Per Unit Sales Revenue $ 788000 $ 250 Variable Expenses : Cost of Goods Sold 394000 Selling Expense Administrative Expense $ Total Variable Expenses Contribution Margin $ Fixed Expenses Selling Expense Administrative Expense Total Fixed Expenses Operating Income $