Petrov Drycleaners has capacity to clean up to 12,000 garments per month (Click the icon to view the cost schedule.) Assume that Petrov charges customers $11 per garment for dry cleaning. Prepare Petrov's projected income statement if 4,220 garments are cleaned in March. First, prepare the income statement using the traditional format; then prepare Petrov's contribution margin income statement. Begin by preparing the projected income statement using the traditional format. (Round your answers to the nearest whole dollar. Enter losses with parentheses or a minus sign.) - X Data Table Petrov Drycleaners Projected Income Statement Month Ended March 31 Dry cleaning revenue Less: Operating costs Operating income (loss) S 46,420 28,576 S 17,844 9,000 10,500 12,000 Garments Garments Garments S 7,200 S 8,400 $ 9,600 25,200 25 200 25,200 Total variable costs $ 32,400 S 33,600 $ 334,800 Total fixed costs Total operating costs Variable cost per garment $ 0.80 S 0.80 0.00 $ 2.40 Fixed cost per garment 2.80 2.10 Next complete the projected contribution margin income statement. (Round your answers to the nearest whole dollar. Enter losses Petrov Drycleaners Projected Contribution Margin Income Statement Month Ended March 31 Dry cleaning revenue $ 46,420 Less: Variable costs Contribution margin Less: Fixed costs Operating income (loss) $ 3.60 S 3.20 $ 2.90 Average cost per garment Print Done