question number 2 please

Problem 1-21 Traditional and Contribution Format Income Statements [LO1-6] Marwick's Pianos, Inc., purchases pianos from a large manufacturer for an average cost of $1,489 per unit and then sells them to retail customers for an average price of $2,500 each. The company's selling and administrative costs for a typical month are presented below: Cost Formula Costs Selling: Advertising $940 per month $4,809 per month, plus 3% of sales $59 per piano sold $659 per month $5,057 per month Sales salaries and commissions Delivery of pianos to customers Utilities Depreciation of sales facilities Administrative: $13,406 per month $710 per month $2,489 per month, plus $39 per piano sold $870 per month Executive salaries Insurance Clerical Depreciation of office equipment During August, Marwick's Pianos, Ic., sold and delivered 61 pianos. Required: 1. Prepare a traditional format income statement for August. 2. Prepare a contribution format income statement for August. Show costs and revenues on both a total and a per unit basis down through contribution margin