The Green Shop sells plants, fertilizers, and other garden products. The store has three departments: plants, chemicals, and tools. Certain information about the revenues and expenses of the departments for the year ended December 31, 20X1, is given below.

	Plants			Chemicals			Tools
Allocated indirect expenses	$	9,300		$	5,100		$	4,700
Direct expenses		28,500			16,000			14,000
Cost of goods sold		46,550			43,750			33,550
Sales		125,100			87,000			37,500
Sales returns and allowances		1,600			550			450

Required: 1. Prepare a departmental income statement showing the contribution margin and the net profit for each department.

THE GREEN SHOP Income Statement Year Ended December 31, 20X1 Plants Chemicals Tools Total $ 0 0 $ 0 $ 0 $ 0 $ 0 Net sales Cost of goods sold $ 0 $ 0 0 2 0 $ 0 $ 0 $ 0 0 Net income (loss) from operations 2 0 $ 0 $ 0 $ 0