incurred an additional $$2,400$ of other operating expenses $(75\%$ of these were fixed costs$).$

Read the requirements.

Requirement $1.$ Prepare The Old Fashioned Ice Cream Shoppe's June income statement using a traditional format.

The Old Fashioned Ice Cream Shoppe

Income Statement

For the Month Ended June $30$

$\backslash$table$[[$Sales revenue$],[$Less: Cost of goods sold$],[$Less: Operating expenses$],[$Depreciation expense$],[$Lease expense Operating expenses$]]$

Requirement $2.$ Prepare The Old Fashioned Ice Cream Shoppe's June income statement using a contribution margin format.

The Old Fashioned lce Cream Shoppe

Contribution Margin Income Statement

For the Month Ended June $30$

Less:

Less: