Refer to the Whitman Drycleaners in E6-41B. Assume that Whitman charges customers $9 per garment for dry cleaning. Prepare Whitman's projected income statement if 4,220 garments are cleaned in March. First, prepare the income statement using the traditional format; then prepare Whitman's contribution margin income statement.

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4,500 Garments $3,375 3,000 Garments 6,000 Garments Total variable costs Total fixed costs Total operating costs Variable cost per garment Fixed cost per garment Average cost per garment $2.40