Prepare a contribution margin format income statement . China Imports, Inc., sold 18,000 units in May. Per unit selling price and variable expense were $25 and $17, respectively. Fixed expenses...

Prepare a contribution margin format income statement. China Imports, Inc., sold 18,000 units in May. Per unit selling price and variable expense were $25 and $17, respectively. Fixed expenses incurred in May totaled $120,000.