Lori's Ice Cream Shoppe sold 9,600 servings of ice cream during June for $3 per serving. Lori purchases the ice cream in large tubs from the Glacier Ice Cream Company. Each tub costs Lori $11 and has enough ice cream to fill 20 ice cream cones. Lori purchases the ice cream cones for $0.20 each from a local warehouse club. Lori's Shoppe is located in a local strip mall, and she pays $1,900 a month to lease the space. Lori expenses $300 a month for the depreciation of the shop's furniture and equipment. During June, Lori incurred an additional $3,100 of other operating expenses (75% of these were fixed costs). Requirements 1. Prepare Lori's June income statement using a traditional format. 2. Prepare Lori's June income statement using a contribution margin format.