Winter Leisure is a retailer of snowboards. The information below is for the quarter ended December 31:

	Amount
Total sales revenue	$	1,369,000
Selling price per snowboard	$	370
Variable selling expense per snowboard	$	50
Variable administrative expense per snowboard	$	15
Total fixed selling expense	$	360,000
Total fixed administrative expense	$	330,000
Merchandise inventory, beginning balance	$	97,000
Merchandise inventory, ending balance	$	117,000
Merchandise purchases	$	390,000

Required:

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.

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 3,200 snowboards were sold in a quarter? You can assume no change to fixed expenses will occur if sales decline to 3,200 snowboards. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)