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Prepare a contribution format income statement for Susan. (Round answers to O decimal places, e.g. 5,275.) Sales Revenue 16000 Variable Expenses Cost of Goods Sold

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Prepare a contribution format income statement for Susan. (Round answers to O decimal places, e.g. 5,275.) Sales Revenue 16000 Variable Expenses Cost of Goods Sold $ 100000 i Administrative Expense 5000 Selling Expense 9000 i Total Variable Expenses 114000 Contribution Margin 46000 Fixed Expenses Selling Expense 3000 Administrative Expense 15000 i Total Fixed Expenses 18000 Operating Income to 28000

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