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Pillar Dry Cleaners has capacity to clean up to 5,000 garments per month. (Click the icon to view the cost schedule.) Assume that Pillar

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Pillar Dry Cleaners has capacity to clean up to 5,000 garments per month. (Click the icon to view the cost schedule.) Assume that Pillar charges customers $9 per garment for dry cleaning. Prepare Pillar's projected income statement if 4,340 garments are cleaned in March. First, prepare the income statement using the traditional format; then, prepare Pillar's contribution margin income statement. Month Ended March 31 Dry cleaning revenue $ 39,060 Less: Operating costs (10,955) 28,105 Operating income (loss) Next, complete the projected contribution margin income statement. (Use a minus sign or parentheses to indicate a deduction or loss.) Pillar Dry Cleaners Projected Contribution Margin Income Statement Month Ended March 31

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