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The following income statements illustrate different cost structures for two competing companies Income Statements Company Name Franklin Finch Number of customers (a) 81 81 Sales

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The following income statements illustrate different cost structures for two competing companies Income Statements Company Name Franklin Finch Number of customers (a) 81 81 Sales revenue (a * $210) $17,010 $ 17,010 Variable cost (ax $180) (14,580) Variable cost (50) 0 N/A Contribution margin 17,010 2,430 Fixed cost (14,580) 0 Net Income $ 2,430 $ 2,430 N/A Required o. Reconstruct Franklin's income statement, assuming that it serves 162 customers when it lures 81 customers away from Finch by lowering the sales price to $110 per customer b. Reconstruct Finch's income statement, assuming that it serves 162 customers when it lures 81 customers away from Franklin by lowering the sales price to $110 per customer Saved lowering the sales price to $110 per customer b. Reconstruct Finch's income statement, assuming that it serves 162 customers when it lures lowering the sales price to $110 per customer. Complete this question by entering your answers in the tabs below. Required A Required B Reconstruct Franklin's income statement, assuming that it serves 162 customers when it lures 81 by lowering the sales price to $110 per customer. FRANKLIN COMPANY Income Statement Sales revenue Variable cost Contribution margin Fixed cost Net income (loss) Rapuited Required B lowering the sales price to $110 per customer b. Reconstruct Finch's income statement, assuming that it serves 162 customers when it le lowering the sales price to $110 per customer. Complete this question by entering your answers in the tabs below. Required A Required B Reconstruct Finch's income statement, assuming that it serves 162 customers when it lures 8 by lowering the sales price to $110 per customer. FINCH COMPANY Income Statement Sales revenue Variable cost Contribution margin Fixed cost Net income (loss)

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