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21,2-2&23 6 Help Se The following income statements illustrate different cost structures for two competing companies Number of customers (a) Sales revenue (a x $200)

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21,2-2&23 6 Help Se The following income statements illustrate different cost structures for two competing companies Number of customers (a) Sales revenue (a x $200) 40,008 40,eee (28,800) 12,090 s 12,000 Variable cost (a x $140) Variable cost (ax $e) Contribution margin Fixed cost (28,888) 5 12,000 Net income Required a. Reconstruct Hil's income statement, assuming that it serves 400 customers when i lowering the sales price to $120 per customer b. Reconstruct Creek's income statement, ass uming that it serves 400 customers when it lures 200 customers away trom Hill by lowering the sales price to $120 per customer Complete this question by entering your answers in the tabs below Required A Required e 01 e to search DELL F11 F10 F9 6 5

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