Please make the income statement as shown on the picture (Exact graph style) for increased understanding.

J Waterway. Ltd. is a local coat retailer. The store's accountant prepared the following income statement for the month ended January 31: $ 789,000 385,000 404,000 Sales revenue Cost of goods sold Gross margin Operating expenses Selling expense Administrative expense Net operating income $ 23,870 50,000 73,870 $ 330,130 Waterway sells its coats for $250 each. Selling expenses consist of fixed costs plus a commission of $6.50 per coat. Administrative expenses consist of fixed costs plus a variable component equal to 5% of sales. Your Answer Correct Answer - Your answer is partially correct. Prepare a contribution format income statement for January. (Round per unit cost to 2 decimal places, eg. 52.75 and all other answers to decimal places, e... 5.275.) $ 789000 Sales Revenue Variable Expenses Cost of Goods Sold 385000 i 20514 Selling Expense Administrative Expense 39450 Fixed Expenses 344036 Selling Expense (3356) Fixed Expenses Administrative Expense (10550) Total Fixed Expenses 330130 $