Island Novelties, Inc., of Palau makes two products, Hawaiian Fantasy and Tahitian Joy. Present revenue, cost, and sales data for the two products follow: Hawaiian Tahitian Fantasy Joy 14 120 Selling price per unit 7 36 Variable expenses per unit 24,000 5,200 Number of units sold annually Fixed expenses total $510,300 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 0% 0 Total Amount 0%