Exercise 7-4 (Algo) Basic Segmented Income Statement [LO7-4] Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Product Weedban $ 11.00 $ 2.60 $ 131,000 Greengrow $ 36.00 $ 13.00 $ 32,000 Traceable fixed expenses per year Last year the company produced and sold 41,000 units of Weedban and 19,000 units of Greengrow. Its annual common fixed expenses are $96,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow