Winter Leisure is a retailer of snowboards. The information below is for the quarter ended December 31: Total sales revenue Variable administrative expense per snowboard Selling price per snowboard Variable selling expense per snowboard Total fixed selling expense Merchandise inventory, beginning balance Total fixed administrative expense Merchandise inventory, ending balance Merchandise purchases Required: Amount $1,444,000 essssses es es es es $ 380 $ 65 20 $ 370,000 $ $ 340,000 $ 98,000 118,000 $ 362,000 1. Prepare a traditional income statement for the quarter ended December 31. Winter Leisure Traditional Income Statement Sales Cost of goods sold Gross margin Quarter ended December 31 $ 1,444,000 342,000 1,102,000 Selling and administrative expenses: Selling expenses Administrative expenses Operating income 0 2. Prepare a contribution format income statement for the quarter ended December 31. Winter Leisure Contribution Format Income Statement Quarter ended December 31 Variable expenses: Fixed expenses: $ 0 0 3. What was the contribution toward fixed expenses and profits for each snowboard sold during the quarter? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) Contribution per snowboard 4. What would operating income be if only 3,300 snowboards were sold in a quarter? You can assume no change to fixed expenses will occur if sales decline to 3,300 snowboards. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)