Assume University Athletic Cullumber Club sells T-shirts for $28 and anticipates selling 6,400 shirts during football season. The club purchases the shirts from a local dealer for $2150. Budgeted fured costs of $32,000 are made up of $3,400 of selling expense and the remainder is $17,400 administrative expense. The selling expenses include a sales commission of $0.19 per shirt. All other selling costs are fixed. Prepare an income statement in the contribution margin format