Fanelli Corporation, a merchandlsing compeny, reported the following results for July Number of unite sold Selling price per unit Unit cost of goods sold Variable selling expense per unit Total fixed selling expense Variable administrative expense per unit Total fixed administrative expense 6,800 610 S 420 64 126,300 32 $208,200 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. Complete this question by entering your answers in the tabs below Required A Required B Prepare a traditional format income statement for July. Fanel For the month of July Income Selling and administrative expenses Required &