Pierce Drycleaners has capacity to clean up to 6,000 garments per month. View the cost schedule. Assume that Pierce charges customers $7 per garment for dry cleaning. Prepare Pierce's projected income statement if 4,240 garments are cleaned in July. First, prepare the income statement using the traditional format; then prepare Pierce's contribution margin income statement. Pierce Drycleaners has capacity to clean up to 6,000 garments per month. Assume that Pierce charges customers $7 per garment for dry cleaning. Prepare Pierce's projected income statement if 4,240 garments are cleaned in July. First, prepare the income statement using the traditional format; then prepare Pierce's contribution margin income statement