The Fantastic Ice Cream Shoppe sold 8,800 servings of ice cream during June for $5 per serving. The shop purchases the ice cream in large tubs from the Dream Ice Cream Company. Each tub costs the shop $7 and has enough ice cream to fill 20 ice cream cones. The shop purchases the ice cream cones for $0.20 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $2,050 per month. The shop expenses $250 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,400 of other operating expenses (75% of these were fixed costs). Read the requirements. Requirement 1. Prepare The Fantastic Ice Cream Shoppe's June income statement using a traditional format. The Fantastic Ice Cream Shoppe Income Statement For the Month Ended June 30 Less: Less: Requirements 1. Prepare The Fantastic Ice Cream Shoppe's June income statement using a traditional format. 2. Prepare The Fantastic Ice Cream Shoppe's June income statement using a contribution margin format. Print Done -