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PART B Cleveland Coats is a local specialty coat retailer. The store's accountant, Megan, prepared the following traditional income statement for the month ended January

image text in transcribed PART B Cleveland Coats is a local specialty coat retailer. The store's accountant, Megan, prepared the following traditional income statement for the month ended January 31,20Y3. Using the information provided, complete the contribution margin income statement for January 20Y3. You are required to show your work in the table below. ACCT 201 | MANAGERIAL ACCOUNTING I HANDOUT 1 - CHAPTER 2 | PAGE 2

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