hey, I have a hard time with his income statement. can someone show me step for step the right way? i dont really leanr just online.

. 5-3 Identify and describe fixed, variable, and mixed cost behavior . 5-4 Demonstrate the effects of operating leverage on profitability The following income statements illustrate different cost structures for two competing companies: Income Statements Company Name Munoz Jordan Number of customers (a) 82 82 Sales revenue (a $210) $ 17,220 $ 17,220 Variable cost (a * $185) N/A (15,170) Variable cost (ax $0) 0 N/N Contribution margin 17,220 2,050 Fixed cost 15,170) 0 Net income $ 2,050 $ 2,050 Required a. Reconstruct Munoz's income statement, assuming that it serves 164 customers when it lures 82 customers away from Jordan by lowering the sales price to $110 per customer b. Reconstruct Jordan's Income statement , assuming that it serves 164 customers when it lures 82 customers away from Munoz by lowering the sales price to $110 per customer MUNOZ COMPANY Income Statement Sales revenue Variable cost $ 0 Contribution margin Fixed cost Net income (loss) $ O JORDAN COMPANY Income Statement Sales revenue Variable cost Contribution margin $ $ 0 Fixed cost Net income (loss) $ 0 0