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Hill Creek Number of customers (a) 266 266 Sales revenue (a x $288) $ 48,686 $ 46,868 Variable cost (a x $146) N/A (28,666) Variable

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Hill Creek Number of customers (a) 266 266 Sales revenue (a x $288) $ 48,686 $ 46,868 Variable cost (a x $146) N/A (28,666) Variable cost (a x $6) 6 N/A Contribution margin 48,666 12,666 Fixed cost (28,666) 6 Net income $ 12,666 $ 12,666 l Required at. Reconstruct Hill's income statement, assuming that it serves 400 customers when it lures 200 customers away from Creek by lowering the sales price to $120 per customer. b. Reconstruct Creek's income statement, assuming that it serves 400 customers when it lures 200 customers away from Hill by lowering the sales price to $120 per customer. 9 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Requhed A Requked B Reconstruct Hill's income statement, assuming that it serves 400 customers when it lures 200 customers away from Creek by lowering the sales price to $120 per customer. $ 48,000 0 Variable cost 43,000 9 Contribution margin $ 0 Fixed cost 400 9 Net income (loss) $ (400) Sales revenue

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