Saved Fanelli Corporation, a merchandising company, reported the following results for July 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 6,700 600 419 62 $126,200 30 S $208,100 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. a traditional format income statement for July Prepare Fanelli Corporation For the month of July Traditional Income Statement 0 Selling and administrative expenses: 0 Fanelli Corporation For the month of July Contribution Format Income Statement Variable expenses: 0 0 Fixed expenses: 0 0 $ Requil