W During the 1st quarter of 2023, The Mystic Stamp Company, located in Mystic, Connecticut, sold $550,000 in stamps to collectors worldwide. Mystic's total fixed costs for the quarter was $150,000, and cost of goods sold was $390,000 and their total variable cost was $370,000. The Mystic Stamp Company develops quarterly CVP Income Statements. Which of the choices below correctly shows what Mystic would show on their CVP Income Statement. A gross profit of $160,000. B contribution margin of $400,000. gross profit of $180,000. contribution margin of $180,000. G C