Caltec, Inc., produces and sells recordable CD and DVD packs. Revenue and cost information relating to the products follow: Product CD DVD Selling price per pack $ 9.00 $ 31.00 Variable expenses per pack $ 2.70 $ 11.00 Traceable fixed expenses per year $ 129,000 $ 36,000 ________________________________________ Common fixed expenses in the company total $106,000 annually. Last year the company produced and sold 43,000 CD packs and 19,500 DVD packs. Required: Prepare a contribution format income statement for the year segmented by product lines.