The Old Tyme Ice Cream Shoppe sold 9,400 servings of ice cream during June for $5 per serving. The shop purchases the ice cream in large tubs from the Florida Ice Cream Company. Each tub costs the shop $15 and has enough ice cream to fill 30 ice cream cones. The shop purchases the ice cream cones for $0.15 each from a local warehouse club. Located in an outdoor mall, the rent for the shop space is $1,750 per month. The shop expenses $290 a month for the depreciation of the shop's furniture and equipment. During June, the shop incurred an additional $2,600 of other operating expenses (75% of these were fixed costs). Read the fequirements. x Requirements 1. Prepare The Old Tyme Ice Cream Shoppe's June income statement using a traditional format. 2. Prepare The Old Tyme Ice Cream Shoppe's June income statement using a contribution margin format. Print Done Requirement 1. Prepare The Old Tyme Ice Cream Shoppe's June income statement using a traditional format. The Old Tyme Ice Cream Shoppe Income Statement For the Month Ended June 30 Less: Less: The Old Tyme Ice Cream Shoppe Contribution Margin Income Statement For the Month Ended June 30 Less: | HOW Less: Cost of goods sold Depreciation expense i Fixed expenses Lease expense Operating income Other fixed operating expenses - Other variable operating expenses Sales revenue Variable expenses