Polarix is a retailer of ATVs (all-terrain vehicles) and accessories. An income statement for its Consumer ATV Department for the current year follows. ATVs sell for $4,000 each. Variable selling expenses are $300 per ATV. The remaining selling expenses are fixed. Administrative expenses are 60% variable and 40% fixed. The company does not manufacture its own ATVs; it purchases them from a supplier for $1,910 each.1. Prepare an income statement for the current year using the contribution margin format. (Do not round intermediate calculations. Round contribution margin per ATV value to the nearest whole number.)

Polaris is a rotator of ATVs (all terrain vehicles and accessories. An income statement for us Consumer ATV Department for the current year follow. ATVS sel for $4.000 each Variable seling expenses are $300 per ATV The remaining selling expenses are ficed Administrativo penses are 60% variabile and 406fed The company does not manufacture its own ATV:t purchases them from a supplier for $1910 each POLARTE The ATV Dest TOE TE 1-572,90 tot goods sold 12.31 Orari 351.920 Selling 1145.00 tive 4,105.6 1145.520 D Required: Pre come statement for the cuentos comfort of round Internet calcio Hound continuare ATV value to the nearest wholebes POLARE Incones Con ATV Yew Ended De P ta NET 25 90 FE 84 DO : ! A @ 2 . 1 * $ 4 % 5 & 7 6 8 9 0 # Q W E R T Y U | o I A S D F G H J L N X V C B N M ? I 1 . I 26 36 option command command option Chec Required Prepare in income statement for the current year using the contribution in format Do not found intermediate calculations Hound contribution mari per ATV value to the newest whole number POLARX come.Com AIV Departem For Year Ended: 31 LATV CATV SH 10 SO DE 8: * . 2 > . ! 1 NO $ 4 % 5 & 7 3 6 8 9 0 Q W E R T Y U 1 0 P SD F G H J L B N M ? I 1 . I 26 36 option command command option Chec Required Prepare in income statement for the current year using the contribution in format Do not found intermediate calculations Hound contribution mari per ATV value to the newest whole number POLARX come.Com AIV Departem For Year Ended: 31 LATV CATV SH 10 SO DE 8: * . 2 > . ! 1 NO $ 4 % 5 & 7 3 6 8 9 0 Q W E R T Y U 1 0 P SD F G H J L