1. Using the traditional format, prepare Farnsworth's projected income statement for July assuming 4,260 garments are cleaned during the month. (Always use cell references and formulas where appropriate to receive full credit If you copy/paste from the Instruction tab you will be marked wrong.) Farnsworth Drycleaners Projected Income Statement Month Ended July 31 Operating income (loss) 2. Using the contribution margin format, prepare Farnsworth's projected income statement for July assuming 4,260 garments are cleaned during the month. (Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.) Farnsworth Drycleaners Projected Contribution Margin Income Statement Month Ended July 31 Operating income (loss)