School of Business 25. House of Organs, Inc. purchases organs from a well-known manufacturer and sells them at the retail level. The organs sold, on average, for Tk. 150,000 each. The overage cost of an organ from the manufacturer is Tk.90,000. House of organs, Inc. has always kept careful records of its costs. The costs that the company incurs in a typical month are presented below: Cost Items Selling: Advertising Delivery of organs Sales salaries & Commissions Cost Formula Tk.57,000 per month Tk.3,600 per organ sold Tk.288,000 per month During November, the company sold and delivered 60 organs. Required: (i) Prepare an income statement for November using the traditional format with costs classified by functions. (ii) Repeat requirement (i) using contribution format.