Lemon Company is a merchandiser that provides the following information for 20x1: Number of units sold Unit sales price 8,000 $50 Merchandise purchases $200,000 Merchandise inventory, Jan. 1, 20X1 $20,000 Merchandise inventory, Dec. 31, 20X1 $25,000 Variable selling expense per unit $2.00 Variable administrative expenses per unit $1.00 Total fixed selling expenses $30,000 Total fixed administrative expense $80,000 Which one of the following is correct for a traditional format income statement and a contribution margin format income statement? Multiple Choice Gross Margin Contribution Margin $200,000 $266,000 Gross Margin $20000050 Sontribution Margin $181.000 Gross Margin Contribution Marald $205.000 $181,000 E