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

Sales $890,000

Costs 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 for the month were $140,000

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