CALCULATOR PRINTER VERSION . Problem 2-25 is a local coat retailer. The store's accountant prepared the following income statement for the month ended January 31 nuary 31 Sales revenue Cost of goods sold Gross margin Operating expenses 759,000 347,000 412,000 Selling expense Administrative expense 51,780 76,310 24,530 Net operating income $ 335,690 Sunland sells its coats for $250 each. component equal to 5% of sales. elling expenses consist of fised costs plus a commission of $6.50 per coat. Administrative expenses consist of fixed costs plus a variable Per Unit Sales Revenue 759000 250 Variable Expenses Cost of Goods Sold 347000 Administrative Expense 37950 Selling Expense 19,734 Total Variable Expenses v 404684 Contribution Margin 354316 Fixed Expenses Administrative Expense 13830 Selling Expense 4796 Total Fixed Expenses 18626 Operating Income 335690 Using the format y -mx b, develo so a cost formula for total expenses. (Round unit cost to 2 decimal places, e.a. 52.7s and all other answers to o decimal places, e.g 5,275.) Study Operating expenses $ NK TO VIDEo Your answer is incorrect. Try again f 3,200 coats are sold next month, what is the expected total contribution margin? (Round answer to o decimal places, e. s27.) Contribution margin s Click if you would like to Show work for this question: OpenShoryms