GHI Company produces and sells two products, A and B$.$

Selling price per unit of $A=$$$7\mathrm{.}00$

Variable expenses per unit of $A=$$$2\mathrm{.}00$

Traceable fixed expenses per year for $A=$$$50,000$

Selling price per unit of $B=$$$8\mathrm{.}50$

Variable expenses per unit of $B=$$$5\mathrm{.}00$

Traceable fixed expenses per year for $B=$$$25,000$

Common fixed expenses per year $=$$$30,000$

The company produced and sold $15,000$ units of A and $28,000$ units of $B.$

Required:

A$)$ Prepare a contribution format income statement segmented by product lines.

B$)$ Are both product lines profitable? Which product should the company focus on promoting to increase profits?