Using the contribution margin format, prepare Farnsworth’s projected income statement for July assuming 4,260 garments are cleaned during the month.(Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instruction tab you will be marked wrong.)

a. Check your spelling carefully and do not abbreviate.

b. Enter all amounts as positive values. Do not use a minus sign or parentheses for any values to be subtracted.