Salem Company reports the following information for June: Click the icon to view the amounts) Calculate the gross profit and operating income for June using absorption costing. Begin by selecting the labels and entering the amounts to compute the contribution margin. Then select the labels and enter the amounts to compute the operating income. Absorption Costing Gross Profit Operating Income Net Sales Revenue $ 726,000 Variable Cost of Goods Sold 245,000 Fixed Cost of Goods Sold 192,000 Variable Selling and Administrative Costs 152,000 Fixed Selling and Administrative Costs 65,000