Topper Sports, Inc. produces high quality sports equipment. The companys Racket Division manufactures three tennis rackets- the Student, the Deluxe, and the Pro- that are widely used in amateur day. Selected information on the rackets is given below: Standard Selling Price per racket: $43.00 Variable Expenses per racket: Production: $17.20 Selling (5% of selling price): $2.15 Deluxe Selling Price per Racket: $62.00 Variable Expenses Per Racket: Production: $21.70 Selling (5% of selling price): $3.10 Pro Selling Price per Racket: $87.00 Variable Expenses per Racket: Production: $26.10 Selling (5% of selling price): $4.35 All sales are made through the companys own retail outlets. The Racket Division has the following fixed costs: Per Month Fixed Production Costs: $107,000 Advertising Expense: $108,000 Administrative Salaries: $52,000 Total: $267,000 Sales, in units, over the past two months have been as follows: Standard (April): 4,000 Deluxe (April): 3,000 Pro (April): 7,000 Total (April): 14,000 Standard (May): 11,000 Deluxe (May): 3,000 Pro (May): 6,000 Total (May): 20,000 a. Prepare contribution format income statements for April. (Round the Total percent answers to one decimal place. Input all amounts as positive values except losses which should be indicated by minus sign. Omit the $ and % signs in your response).