Island Novelties, Inc., of Palau makes two products, Hawaiian Fantasy and Tahitian Joy. Present revenue, cost, and sales data for the two products follow: HawaiianTahitian Fantasy Joy 30 100 Selling price per unit 21 25 Variable expenses per unit 30,000 6,000 Number of units sold annually Fixed expenses total $652,800 per year. Required: 1. Assuming the sales mix given above, do the following: a. Prepare a contribution format income statement showing both dollar and percent columns for each product and for the company as a whole. Island Novelties, Inc., Contribution Income Statement Tahitian Joy Hawaiian Fantasy Amount Amount Total Amount