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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: Product Weedban Greengrow Selling price per unit $ 9.00 $31.00 Variable expenses per unit $ 2.40 $12.00 Traceable fixed expenses per year $ 132,000 $ 47,000 Last year the company produced and sold 41,000 units of Weedban and 23,000 units of Greengrow. Its annual common fixed expenses are $101,000. Required: Prepare a contribution format income statement segmented by product lines. Product Line Total Company Weedban Greengrow 0 o 0 0 $ 0 $ 0 $ 0