Income Statements for 3 Years Data for 2014 for Billy Bob's Backwoods Fireworks Shop and Watering Hole are provided below. They are a merchandising firm that sells fireworks. Prepare a traditional (GAAP) income statement AND a contribution margin income statement. Fireworks sold 75,000 Selling price $14 /fireework Sales persons commissions $2/fireework Sales persons salaries $50,000 Depreciation expense - corporate jet $10,000 Variable administration expense $1/fireework Variable Cost of Goods Sold $5 /fireework Fixed Cost of Goods Sold $225,000 Billy Bob's Backwoods Fireworks Shop and Watering Hole Billy Bob's Backwoods Fireworks Shop and Watering Hole Traditions] (GAAP) Income Statement Contribution Margin Income Statement For the Year-Ended 12.31.14 For the Year-Ended 12.31.14