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Zhao Company has fixed costs of $ 2 7 5 , 6 0 0 . Its single product sells for $ 1 6 1 per

Zhao Company has fixed costs of $275,600. Its single product sells for $161 per unit, and variable costs are $109 per unit. The company reports sales of 10,000 units. Prepare a contribution margin income statement for the year ended December 31.
\table[[ZHAO Company],[Contribution Margin Income Statement,],[For Year Ended December 31,],[,],[,],[,],[,],[,]]
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