The Following Information Is Available for Chap Company Which Amount Would You Find on Chap's CVP Income Statement

The following information is available for Chap Company: $\begin{array}{llcc} \text { Sales} \ldots \ldots \ldots \ldots \ldots \ldots \ldots\ldots \ldots \ldots\ldots \ldots \ldots &\$350,000\\ \text { Total fixed expenses } \ldots \ldots \ldots \ldots \ldots\ldots \ldots&\$60,000\\ \text { Cost of goods sold} \ldots \ldots \ldots \ldots \ldots\ldots \ldots\ldots &120,000\\ \text { Total variable expenses } \ldots \ldots \ldots \ldots \ldots\ldots&100,000\\\end{array}$
Which amount would you find on Chap's CVP income statement?

A) contribution margin of $250,000
B) contribution margin of $190,000
C) gross profit of $230,000
D) gross profit of $190,000