Use the following information for the next TWO questions. The following information has been provided by Early Corporation, a manufacturing company for 2019: $400,000 40,000 20,000 250,000 50,000 Sales Variable selling and administrative expenses Fixed selling and administrative expenses Variable cost of goods sold Fixed cost of goods sold 13. Contribution margin for 2019 would be: a. $110,000 b. $330.000 c. $100.000 d. $150,000 14. Gross profit for 2019 would be: a. $110,000 b. $330,000 c. $100,000. d. $150,000. 10. TM, Inc. sells a basic desk lamp for $25 each. The following cost formula relates to last year's operations at TM: Y = 230,000 + 7X TM sold 20,000 lamps last year. The contribution income statement reported net income of: a. $270,000 b. $360,000. c. $130,000. d. $500,000. Use the following information for the next TWO questions