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Eb-36A (similar to) on Help Special Seals is a specialty pet gift shop selling exotic pet-related items online. The shop has no physical location. Results for last year are shown next: Click the icon to view the results.) For internal planning and decision-making purposes, the owner of Special Seals would like to translate the company's income statement into the contribution margin format. Since Special Seals is online only, all of its cost of goods sold is variable. A large portion of the selling and marketing expenses consists of freight-out charges ($20,600), which were also variable. Only 20% of the remaining selling and marketing expenses and 25% of the website expenses were variable. Of the other operating expenses, 90% were fixed. Based on this information, prepare Special Seals' contribution margin income statement for last year. For the Year Ended December 31 $ 1,014,000 Sales revenue Less: Variable expenses Cost of goods sold Variable selling and marketing expenses Variable website maintenance expenses 667,000 12900 14,250 1.850 317990 Other variable operating expenses Contribution margin Less: Fixed expenses Fixed selling and marketing expenses Fixed website maintenance expenses 54500 57000 18600 Other foxed operating expenses Operating income 177890 Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Final Check MacBook A esc .. RO F2 F3 F4 7 # 3 $ 4 % 5 2 6 s a specialty pet gift shop selling exotic pet-related items online. The shop has no physical loc year are shown next: contoh i Data Table - X the bf its c ges % of th hation, el ed Special Seals Traditional Income Statement (Absorption Costing) For the Year Ended December 31 end Wari Sales revenue $ 1,014,000 667,000 Cos $ Varil 347,000 Varil Less: Cost of goods sold Gross profit Less operating expenses: Selling and marketing expenses Website maintenance expenses Other operating expenses Operating income $ Oth 64,500 bution 57,000 18,600 140,100 Fixe $ Fixe 206,900 Fixe Oth Print Done berating in Dose from any list or enter any number in the input fields and then click Check Answer parts showing Clear All Final Check MacB