Exercise $2-12$A $($Algo$)$ Using fixed cost as a competitive business strategy LO $2-1,2-2$

The following income statements illustrate different cost struciures for two competing companies:

$\backslash$table$[[$Income$,$statements,Company Name$],[,$Gibson,Franklin$],[$Number of customers $($a$),,80,80],[$Sales revenue $($a $$$$246),,$$$19,200,$$$19,200$