Marwick's Planos, Inc., purchases pianos from a large manufacturer for an average cost of $1,497 per unit and then sells them to retail customers for an average price of $3,300 each. The company's selling and administrative cests fer a typlcal menth are presented below Cost Formula Sellingi Advertising Sales salaries and commissions Delivery of pianos to eustomers Utilities Depreciation of sales facilities $940 per month $4,789 per month, plus 50 of salen 662 per piano nold $664 per month $5,070 per month Administrative Executive salaries Inaurance Clerical Depreciation of office equipment $13,598 per month $710 per month $2,499 per month, plus 41 per piane aeld $944 per month During August, Marwick's Pianos, Inc., sold and delivered 57 pianos. 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 total and a per unit basis down through contribution margin Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basie down through contribution margin. (A "Net operating loss" should be entered as a negative number ) Marwick's Pianos, Inc. Contribution Format Income Statement and a per unit basis Prepare a contribution format income statement for August. Show costs and revenues on both a total down through contribution margin (A "Vet operating loss" should be entered as a negative number.) Contribution Format Income Statement For the Month of August Total Per Piano rint $ 188,100$ 3.300 Total variable expenses Fioxed expenses Total fxed expenses