Winter Leisure is a retailer of snowboards. The information below is for the quarter ended December 31: Total sales revenue Selling price per snowboard Variable selling expense per snowboard Variable administrative expense per snowboard Total fixed Total fixed Merchandise Merchandise Merchandise quueak selling expense administrative expense inventory, beginning balance inventory, ending balance purchases Amount $1,521,000 M-i-i-- 390 55 25 400,000 370,000 99,000 119,000 371,000 1. Prepare a traditional income statement for the quarter ended December 31. 2. Prepare a contribution format income statement for the quarter ended December 31. Variable expenses: Fixed expenses: 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.) 4. What would operating income be if only 3,400 snowboards were sold in a quarter? You can assume no change to fixed expenses will occur if sales decline to 3,400 snowboards. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.) ::|