Kristi's Ice Cream Shoppe sold 9,400 servings of ice cream during June for $3 per serving. Kristi purchases the ice cream in large tubs from the Glacier Ice Cream Company. Each tub costs Kristi $14 and has enough ice cream to fill 28 ice cream cones. Kristi purchases the ice cream cones for $0.10 each from a local warehouse club. Kristi's Shoppe is located in a local strip mall, and she pays $2,050 a month to lease the space. Kristi expenses $310 a month for the depreciation of the shop's furniture and equipment. During June, Kristi incurred an additional $2,700 of other operating expenses (75% of these were fixed costs). Requirements 1. Prepare Kristi's June income statement using a traditional format. 2. Prepare Kristi's June income statement using a contribution margin format. Requirement 1. Prepare Kristi's June income statement using traditional format. Kristi's Ice Cream Shoppe Income Statement For the Month Ended June 30 Sales revenue Cost of goods sold Gross profit Operating expenses: Lease expense Depreciation expense Other operating expenses Total operating expenses