The annual data that follow pertain to Eli's Electric Eyewear, a manufacturer of swimming goggles. (Eli's Electric Eyewear h (Click the icon to view the data.) Read the requirements . Cost of Goods Sold 2.280,000 Gross Profit 1,320,000 Selling and Administrative Costs 690,000 $ 630,000 Operating Income Prepare Eli's Electric Eyewear's contribution margin (variable costing) income statement for the year ended December 31 Eli's Electric Eyewear Income Statement (Variable Costing) Year Ended December 31 Operating Income 160.000 120.000 $ 30 Number of goggles produced Number of goggles sold Sales price per unit Variable manufacturing cost per unit Sales commission cost per unit Fixed manufacturing overhead Fixed selling and administrative costs 12. 4 1 120.000 210 000 The annual data that follow pertain to Ells Contribution Margin Cost of Goods Sold Fixed Costs Gross Profit Net Sales Revenue Selling and Administrative Costs Variable Costs