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Please see photo Restate the following income statement for a retailer in contribution format. Sales revenue ($100 per unit) $ 75,000 Less cost of goods

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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 Salaries expense 7,800 Advertising expense 5,900 Shipping expense ($2 per unit) 1,500 18,950 Operating income $ 9,550 Per Unit

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