The following income statements illustrate different cost structures for two competing companies: Number of customers (a) Sales revenue (a x $220) Variable cost (a x $185) Contribution margin Fixed cost Net income Income Statements Required A Company Name Baird 80 $17,600 N/A 17,600 (14,800) $2,800 Required B Adams Required a. Reconstruct Baird's income statement, assuming that it serves 160 customers when it lures 80 customers away from Adams by lowering the sales price to $120 per customer. 80 $17,600 (14,800) 2,800 0 b. Reconstruct Adams's income statement, assuming that it serves 160 customers when it lures 80 customers away from Baird by lowering the sales price to $120 per customer. BAIRD COMPANY $2,800 Complete this question by entering your answers in the tabs below. Reconstruct Baird's income statement, assuming that it serves 160 customers when it lures 80 customers away from Adams by lowering the sales price to $120 per customer.

The following income statements illustrate different cost structures for two competing companies: Required o. Reconstruct Baird's income statement, assuming that it serves 160 customers when it lures 80 customers away from Adams by lowering the sales price to $120 per customer. b. Reconstruct Adams's income statement, assuming that it serves 160 customers when it lures 80 customers away from Baird by lowering the sales price to $120 per customer. Complete this question by entering your answers in the tabs below. Reconstruct Baird's income statement, assuming that it serves 160 customers when it lures 80 customers away from Adams by lowering the sales price to $120 per customer. Reconstruct Baird's income statement, assumin by lowering the sales price to $120 per custom Reconstruct Adams's income statement, assur by lowering the sales price to $120 per custor