TB Problem Qu. 5-218 (Algo) Giannini Incorporated, which produces and sells a single product... Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Required: $ 320,000 175,000 145,000 106,300 $ 38,700 Redo the company's contribution format income statement assuming that the company sells 5,200 units. (Do not round intermediate calculations.)