Patricia's Quilt Shoppe sells homemade Amish quilts. Patricia buys the quilts from local Amish artisans for $250 each, and her shop sells them for $400 each. She also pays a sales commission of 8% of sales revenue to her sales staff. Patricia leases her country-style shop for $1,200 per month and pays $2,100 per month in payroll costs in addition to the sales commissions. Patricia sold 85 quilts in February. Prepare Patricia's traditional income statement and contribution margin income statement for the month Prepare the traditional income statement for the month. Patricia's Quilt Shoppe Income Statement For the Month Ended February 28 Sales revenue Less: Cost of goods sold Gross profit Loss: Cost of goods sold Lease Payroll costs Payroll costs Patricia's Quilt Shoppe Contribution Margin Income Statement For the Month Ended February 28 Less: Less: Choose from any list or enter any number in the input fields and then continue to Contribution margin Cost of goods sold Fixed expenses Gross profit Lease Operating income Payroll costs t Sales commissions Sales revenue ne od