Royal Lawncare Company produces and sells two packaged products$$Weedban and Greengrow. Revenue and cost information relating to the products follow:

Product

Weedban Greengrow

Selling price per unit $ $8\mathrm{.}00$ $ $34\mathrm{.}00$

Variable expenses per unit $ $2\mathrm{.}70$ $ $12\mathrm{.}00$

Traceable fixed expenses per year $ $132,000$ $ $32,000$

Last year the company produced and sold $42,500$ units of Weedban and $22,000$ units of Greengrow. Its annual common fixed expenses are $$111,000.$

Required:

Prepare a contribution format income statement segmented by product lines.