Please answer in the correct format. Thank you!!

Chapter 9 Homework i Saved Help Save & Exit Submit Check my work Exercise 9-4A (Algo) Income statement for internal use LO 9-1 Franklin Company has provided the following Year 2 data. points eBook $502,000 199,000 42,000 2,800 16,100 23,600 2,000 610 Hint Ask Budget Sales Variable product costs Variable selling expense Other variable expenses Fixed product costs Fixed selling expense Other fixed expenses Interest expense Variances Sales Variable product costs Variable selling expense Other variable expenses Fixed product costs Fixed selling expense Other fixed expenses Interest expense References 7,700 U 4,700 F 1,600 V 2,000 V 250 F 480 F 150 U 150 F Required a. & b. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements. FRANKLIN COMPANY Internal Income Statement for Year 2 Check Required a. & b. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements. points FRANKLIN COMPANY Internal Income Statement for Year 2 Budget eBook Actual Hint Sales Ask References Variable expenses: Product costs Selling expenses Other expenses Contribution margin Fixed expenses: Product costs Selling expenses Other expenses Operating income (loss) Interest expense Net income (loss)