LUTEN MELCHIVES Restate the following income statement for a retailer in contribution format. Sales revenue ($100 per unit) $ 75,000 Less cost of goods sold ($62 per unit) 46,500 Gross margin 28,500 Less operating costs: Commissions expense ($5 per unit) $ 3.750 7,800 Salaries expense 5.900 Advertising expense 1,500 18,950 Shipping expense ($2 per unit) $ 9,550 Operating income Pe -/5 III Per Unit $ C > @09:33 15 il e Textbook and Media Attempts: unlimited Submit A Sane for Later