Question 1 of 7 Data table Circle Inc. has only two retail and two wholesale customers. Information relating to each custom (Click the icon to view the data.) Requirement Calculate customer-level operating income. Begin by calculating each customer's gross margin. Then calculate the operating income for ea operating loss. Abbreviations used: cust = customer; oper. = operating.) Gross margin Customer-level operating income (loss) Wholesale West Region East Region Wholesaler Wholesaler Smil Wholesale Customers West Region Wholesaler Retail Customers East Region Wholesaler Smile Inc. Darby Corp Revenues at list prices $ 740,000 $ 1,230,000 $ 270,000 $ 360,000 Discounts from list prices 51,700 78,700 20,500 6,140 Cost of goods sold 590,000 1,060,000 301,000 165,000 Delivery costs 28,400 23,390 16,490 14,280 Order processing costs 12,660 16,880 9,390 7,260 Cost of sales visit 12,900 10,250 9,320 8,130 Print Done