Southern Corporation, a merchandising company, reported the following results for Octob Sales $464,000 Cost of goods sold (all variable) $173,500 Total variable selling expense $24,600 Total fixed selling expense $23,000 Total variable administrative expense$8,900 Total fixed administrative expense $38,200 Required: Prepare a contribution margin format income statement. Edit View Insert Format Tools Table 12pt Paragraph BIU : MacBook Air