es Cost of Goods Sold..... Fixed Administrative expenses.... Fixed selling expenses..... The following information has been provided by Student Company for the third quarter of the year: $90,000 $ 20,000 $ 10,000 Number of units sold 100,000 Price per unit....... $2 Variable administrative expenses $30,000 Variable selling expenses $40,000 Required: (a) prepare Traditional Income statement format (b) prepare Contribution Income statement format