Restate the following income statement for a retailer in contribution format.

Sales revenue ($100 per unit)				$	75,000
Less cost of goods sold ($56 per unit)					42,000
Gross margin					33,000
Less operating costs:
Commissions expense ($5 per unit)	$	3,750
Salaries expense		7,900
Advertising expense		5,800
Shipping expense ($2 per unit)		1,500			18,950
Operating income				$	14,050

						Per Unit
select an income statement item Total Variable ExpensesShipping ExpensesContribution MarginCost of Goods SoldCommissions ExpensesVariable ExpensesSales RevenueAdvertising ExpensesFixed ExpensesTotal Fixed ExpensesSalaries ExpensesOperating Income				$enter a dollar amount		$enter a dollar amount
select an opening name for section one Advertising ExpensesOperating IncomeShipping ExpensesTotal Fixed ExpensesVariable ExpensesContribution MarginFixed ExpensesCost of Goods SoldSales RevenueTotal Variable ExpensesSalaries ExpensesCommissions Expenses:
select an income statement item Total Variable ExpensesCommissions ExpensesShipping ExpensesSales RevenueCost of Goods SoldOperating IncomeTotal Fixed ExpensesSalaries ExpensesVariable ExpensesFixed ExpensesContribution MarginAdvertising Expenses		$enter a dollar amount				enter a dollar amount
select an income statement item Shipping ExpensesTotal Variable ExpensesCost of Goods SoldVariable ExpensesCommissions ExpensesTotal Fixed ExpensesOperating IncomeFixed ExpensesAdvertising ExpensesSalaries ExpensesSales RevenueContribution Margin		enter a dollar amount				enter a dollar amount
select an income statement item Sales RevenueSalaries ExpensesOperating IncomeAdvertising ExpensesCost of Goods SoldCommissions ExpensesContribution MarginTotal Fixed ExpensesVariable ExpensesShipping ExpensesFixed ExpensesTotal Variable Expenses		enter a dollar amount				enter a dollar amount
select a closing name for section one Variable ExpensesShipping ExpensesCost of Goods SoldFixed ExpensesCommissions ExpensesSales RevenueTotal Fixed ExpensesAdvertising ExpensesOperating IncomeSalaries ExpensesTotal Variable ExpensesContribution Margin				enter a total amount for section one		enter a total amount for section one