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 $ 6.00 $ 7.50 Variable expenses per unit $ 2.40 $ 5.25 Traceable fixed expenses per year $ 45,000 $ 21,000 Last year the company produced and sold 15,000 units of Weedban and 28,000 units of Greengrow. Its annual common fixed expenses are $33,000. Required: Prepare a contribution format income statement segmented by product lines. Answer is complete but not entirely correct. Product Line Total Weedban Greengrow Company Sales $ 965,000 $ 410,000 $ 555,000 Variable expenses (277.100) (127,100) 3 (150,000) Contribution margin 687,900 282,900 405,000 Traceable fixed expenses (186,000) (136,000) (50,000) Product line segment margin 501,900 S 146.900 $ 355.000 Common fixed expenses not traceable to products (113,000) Net operating income $ 388,900