Patsy' 6 Quit Shoppe sols homemade Amsh quilts. Patsy buys the quits trom local Amish artians for $230 each, and ber shep salls them for $430 each $ She also pays a sries commission of 6% of sales revenue to her sales staft. Patsy litases her countyy-thle shop for $1,200 per month and pays $1,600 per monih in payrol costs in addiben to the sales comirissions. Patsy sold 100 quits in February. Prepare Pabyo tradstonal inoome statement and contrbuton margin income stasenere for the month. Prepare the traditional income statement for the month. Patsy's Quilt Shoppe solls homemade Amish qualts. Patsy buys the quits trom local Amish artisans for $230 each, and her shop sels them for $430 each. She also pyss a sales commissian of 6% of sales revenue to her sales star. Patsy leases her country-style shop for $1,200 per month and pays $1,600 per month in payeoll costs in add vion to he sales commissions. Patsy sald too quits in Fobruary, Prepare Patsy's traditional income statement and contritution maggin income statemeot for the month