Vegan, LLC owns a chain of gourmet vegetarian take-out markets. Vegan's income statement to the traditional reporting format for the month follows.

Sales $890,00

Cost of goods sold 607,000

Gross margin $283,000

Selling and administrative expenses

Variable (44,500)

Fixed (72,300)

Operating income $166,200

Total fixed production costs fpr the month were $140,000.

Prepare an income statement for Vegan, LLC, for the month, using the variable costing format.