Question 17 The following information is available for Chap Company. Sales $350,000 Cost of goods sold 120,000 Total fixed expenses 60,000 Total variable expenses 100,000 Which amount would you find on Chap's CVP income statement? O Contribution margin of $190,000. O Gross profit of $190,000. O Gross profit of $230,000. O Contribution margin of $250,000