please let me know if part a is corewct and help me with part b.

Fanelll Corporation, a merchandising company, reported the following results for July: 7. $ Number of units sold Selling price per unit Unit cost of goods sold Variable selling expense per unit Total fixed selling expense Variable administrative expense per unit Total fixed administrative expense 5, 100 590 $ 403 $ 52 $124,600 $ 22 $206,500 Cost of goods sold is a variable cost in this company. Required: a. Prepare a traditional format income statement for July. b. Prepare a contribution format income statement for July. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a traditional format income statement for July. Fanelli Corporation For the month of July Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses Selling expense Administrative expense $ 3,009,000 2,055,300 953,700 380,000 318.700 Not operating income 708,500 245.200 Required B > Fanelll Corporation, a merchandising company, reported the following results for July 7 Number of units sold Selling price perut Unit cost of goods sold Variable melting expense per unit Total Etxed selling expende Variable danistrative expense per unit Total fixed administrative expense 5, 100 590 $ 403 52 $ 124,600 22 $206,500 Cost of goods sold is a variable cost in this company. Required: a. Prepare a traditional format Income statement for July b. Prepare a contribution format Income statement for July Complete this question by entering your answers in the tabs below. Required A Required B Prepare a contribution format Income statement for July. Fanelli Corporation For the month of July Contribution Format Income Statement Sales Variable expenses $ 3,009,000 0 3,009,000 Fixed expenses 0