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: Last year the company produced and sold 37,000 units of Weedban and 20,000 units of Greengrow. Its annual common fixed expenses are $109,000. Required: Prepare a contribution format income statement segmented by product lines. Indirect labor Indirect materials Manufacturing overthead Purchases Sales Purchases Sales Selling expenses Traceable fixed expenses Variable expenses