Churchill Corporation, a merchandising company, reported the following results for December:
		Sales	2296200
		Cost of goods sold (all variable)	$997,600
		Total variable selling expense	$86,000
		Total fixed selling expense	$57,100
		Total variable administrative expense	$43,000
		Total fixed administrative expense	$148,100
Required: (a) Prepare a contribution format income statement for December (Using excel) &
(b) Prepare a traditional format income statement for December (using excel)