Required

a$.$ Reconstruct Rundle's income statement, assuming that it serves $176$ customers when it lures $88$ customers away from Perez by

lowering the sales price to $$110$ per customer.

b$.$ Reconstruct Perez's income statement, assuming that it serves $176$ customers when it lures $88$ customers away from Rundle by

lowering the sales price to $$110$ per customer.

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Required B

Reconstruct Rundle's income statement, assuming that it serves $176$ customers when it lures $88$ customers away from Perez

by lowering the sales price to $$110$ per customer.