Using the information on University Store presented below to answer questions 13-14 The University Store Inc. is the major bookseller for four nearby colleges. An income statement information for the year 2020 is presented below: University Store, Incorporated Income Statement For the Quarter Ended March 31 Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expense Administrative expense Net operating income $ 800,000 560,000 240,000 $ 100,000 110,000 210,000 $ 30,000 What is total gross margin of University Store during the year 20207 Type your answer.. What is total net operating income of University Store during the year 2020? Type your answer What is the contribution margin for October (Assume that COGS include only variable expenses)