Marwick's Pianos, Incorporated Contribution Format Income Statement For the Month of August Marwick's Planos, Incorporated, purchases pianos from a large manufacturer for an average cost of $2,450 per unit and then selis hem to retail customers for an average price of \$3,125 each. The company's selling and administrative costs for a typical month are presented below: During August, Marwick's Planos, Incorporated, sold and delivered 40 planos: Required: 1. Prepare a traditional format income statement for August 2. Prepare a contribution format income statement for August. Show costs and revenues on both a fotal and a per unit basis down. through contribution margin. Prepare a traditional format income statement for August