Prepare a contribution$-$format income statement for the Bullarama event based on conservative $($one onsite competitor$)$ and pessimistic $($two onsite competitors$)$ projections. The Excel template posted on CourseLink shows a demo of calculating the contribution$-$format income statement under optimistic $($no onsite competitor$)$ in the sheet "Bullarama."

Please write the after$-$tax profits under two scenarios $($conservative and pessimistic$)$ in the space below. You can show your detailed calculations in the space below, use the Excel template or upload your calculation file.