Presented is Violet Company's Contribution Income Statement: VIOLET COMPANY Contribution Income Statement For the Month Ending January 31, 2020 Sales $200,000 Less variable costs: Direct materials $50,000 Direct labor 20,000 Variable factory overhead 60,000 Variable S&A expenses 12,000 (142,000) Contribution margin $ 58,000 Less fixed costs: Factory overhead Fixed S&A expenses Net income $13,000 12,000 (25,000) $ 33,000 With a functional income statement, Violet would have reported a gross margin of: Select one: A. $70,000 B. $33,000 C. $58,000 D. $57,000