The Magic Freeze Ice Cream Shoppe sold 9,600 servings of ice cream during June for $5 per serving. The shop purchases the ice cream in large tubs from the BlueBell Ice Cream Company. Each tub costs the shop $18 and has enough ice cream to fill 40 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 $1,950 per month. The shop expenses $210 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,500 of other operating expenses (75% of these were fixed costs). Requirements 1. Prepare The Magic Freeze Ice Cream Shoppe's June income statement using a traditional format. 2. Prepare The Magic Freeze Ice Cream Shoppe's June income statement using a contribution margin format. Requirement 1. Prepare The Magic Freeze Ice Cream Shoppe's June income statement using a traditional format. The Magic Freeze Ice Cream Shoppe Income Statement For the Month Ended June 30 Less: Less