Exercise 7-4 (Algo) Basic Segmented Income Statement [LO7-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow Selling price per unit Variable expenses per unit Product Weedban $12.00 Greengrow $37.00 $2.30 $130,000 $ 10.00 $ 42,000 Traceable fixed expenses per year Last year the company produced and sold 39,500 units of Weedban and 24,000 units of Greengrow. Its annual common fixed expenses are $113,000 Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow