Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold Selling price per unit 6,900 $ 620 Unit cost of goods sold Variable selling expense per unit Total fixed selling expense $ 421 $ 55 $ 126,400 Variable administrative expense per unit Total fixed administrative expense $ 34 Cost of goods sold is a variable cost in this company. Required: a. Prepare a traditional format income statement for July. b. Prepare a contribution format income statement for July. $ 208,300 Complete this question by entering your answers in the tabs below. Required A Required B Prepare a traditional format income statement for July. Fanelli Corporation For the month of July Traditional Income Statement Selling and administrative expenses: < Required A Required B >