Zara has provided the following data for its operations for the month ending December, 2019. During the month, they purchased and sold 15,000 units:

Purchase cost of inventory		$7.00 per unit
Sales Revenue Administrative Expenses:		$30.00 per unit
Office executive Salaries		42,000
Insurance		12,000
Office Utilities		9,000
Clerical Costs Selling Expenses:		$10,000 per month plus $2.00 per units sold
Sales Commission		$20,000 per month plus $2.50 per unit sold
Shipping Expenses		$3.00 per unit
Depreciation of Sales Equipment		$15,000

Required:

Prepare a Contribution Margin Income Statement for the month of December.