Pine Company reported the following Income statement under absorption costing for the year just ended. Revenue $15,000,000 Cost of Goods Sold 11,500,000 Gross Margin 3,500,000 Selling, General and Administrative Costs 3,000,000 Income $500,000 You have asked supervisors to provide you with any additional information that they have. You received the following information in response. From the VP of Administration: Fixed selling and administrative cost per unit = $0.50 From the VP of Manufacturing: Total Fixed Manufacturing = $2,500,000 From the VP of Finance: Contribution Margin Ratio = 30.00% Use the information above to recast this income statement to a contribution margin format income statement under variable costing