K Calculate the contribution margin for each department and income before taxes, based on the following: (Click the icon to view the data) Complete the following income statement to calculate the contribution margin and income before taxes Net Sales Cost of Goods Sold Gross Profit on Sales Direct Departmental Expenses Sales Salaries Advertising Expense Total Direct Departmental Expenses Contribution Margin Indirect Departmental Expenses Rent Expense Total indirect Expenses Income Before Taxes Dept. A Dept. B Total Data table Dept. A Dept. B 1.000 square feet 3,000 square feet Net Sales Cost of Goods Sold 6,200 1,000 11,900 5,700 Sales Salaries Rent Expense Advertising Expense $1,100 (40% directly related to Dept. A and 60% related to Dept. 8) $550 for both departments combined $1.300 ($800 directly related to Dept. A and $500 related to Dept. 0) Print Done