The following Income statements Illustrate different cost structures for two competing companies: Income Statements Company Name Munoz Jordan Number of customers (a) 81 81 Sales revenue (a x $240) $ 19,440 $ 19,440 Variable cost (a * $185) N/A (14,985) Variable cost (a x $e) N/A Contribution margin 19,440 4,455 Fixed cost (14,985) 3 Net income $ 4,455 $ 4,455 Required a. Reconstruct Munoz's Income statement, assuming that it serves 162 customers when it lures 81 customers away from Jordan by lowering the sales price to $140 per customer. b. Reconstruct Jordan's Income statement, assuming that it serves 162 customers when it lures 81 customers away from Munoz by lowering the sales price to $140 per customer. Complete this question by entering your answers in the tabs below. Required A Required B Reconstruct Munoz's income statement, assuming that it serves 162 customers when it lures 81 customers away from Jordan by lowering the sales price to $140 per customer. MUNOZ COMPANY Income Statement $ 22,680 Sales revenue Variable cost S Contribution margin Fixed cost 22.680 14.985 7.695 Net income (loss) $ Complete this question by entering your answers in the tabs below. Required A Required B Reconstruct Jordan's income statement, assuming that it serves 162 customers when it lures 81 customers away from Munoz by lowering the sales price to $140 per customer. JORDAN COMPANY Income Statement Sales revenue S Variable cost 22.680 Contribution margin $ 22.680 Fixed cost 0 Net income (loss) $ 22,680