Current Attempt in Progress

The GAAP income statement for Blossom Company for the year ended December $31,2022,$ shows sales $$910,000,$ cost of goods sold

$$630,000,$ and operating expenses $$205,000.$ Assuming all costs and expenses are $70\%$ variable and $30\%$ fixed, prepare a CVP income

statement through contribution margin.

PACE COMPANY

CVP Income Statement

$

$$

$,$

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