E6-36A (book/static) Question Help Five Macaws is a specialty pet gift shop selling exotic pet-related items online. The shop has no physical location Results for last year are shown next Click the icon to view the results.) For internal planning and decision-making purposes the owner of Five Macaws would like to translate the company's income statement into the contribution margin format Since Five Macaws is online only, all of its cost of goods sold is vanable A large portion of the selling and marketing expenses consists of freight-out charges ($19.400), which were also variable. Only 20% of the remaining selling and marketing expenses and 25% of the website expenses were variable, or the other operating expenses 90% were foxed. Based on this information, prepare Five Macaws contribution margin income statement for last year Five Macaws Contribution Margin Income Statement For the Year Ended December 31 Data Table Less Five Macaws Traditional Income Statement (Absorption Costing) For the Year Ended December 31 Salos revende S 990 000 673 000 Less $ 317.000 Less Cost of goods sold Gross profit Loss operating expenses Selling and marketing expenses Website maintenance expenses Other operating expenses $ 65,500 58.000 17,600 141,100 175.900 Operating income Choose from any list or enter any number in the input fields and then Print All parts showing Done