Please, only answer if you have the CORRECT ANSWER to the question. if your answer is wrong or irrelevant, I will REPORT it to Chegg and leave a thumb down. So please, check your answer before posting it!

Question 4: What would operating income be if only 3,500 snowboards were sold in a quarter? You can assume no change to fixed expenses will occur if sales decline to 3,500 snowboards. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)

Please answer all 4 questions! Will leave a thumb up if you have the correct answer!

Winter Leisure is a retailer of snowboards. The information below is for the quarter ended December 31: Total sales revenue Selling price per snowboard Variable selling expense per snowboard Variable administrative expense per snowboard Total fixed selling expense Total fixed administrative expense Merchandise inventory, beginning balance Merchandise inventory, ending balance Merchandise purchases Required: Amount $1,600,000 $ 400 $ 40 $ 10 $480,000 $450,000 $ 100,000 $ 120,000 $ 360,000 1. Prepare a traditional income statement for the quarter ended December 31. Winter Leisure Traditional Income Statement Quarter ended December 31 Selling and administrative expenses: