On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 $129,500 Sales (3,500 units) Cost of goods sold: Cost of goods manufactured (4,100 units) $106,600 Inventory, April 30 (600 units) (15,600) Total cost of goods sold (91,000) Gross profit $38,500 Selling and administrative expenses (21,800) Operating income $16,700 If the fixed manufacturing costs were $23,452 and the fixed selling and administrative expenses were $10,680, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars. Joplin Company Variable Costing Income Statement For the Month Ended April 30 Sales 129,500 Variable cost of goods sold: Variable cost of goods manufactured X Inventory, April 30 Total variable cost of goods sold $ Manufacturing margin Variable selling and administrative expenses Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs 10 Operating income