Topper Sports, Inc. produces high quality sports equipment. The company's Racket Division manufactures three tennis rackets- the Student, the Deluxe, and the Pro- that are widely used in amateur day. Selected information on the rackets is given below:

Standard

Selling Price per racket: $43.00

Variable Expenses per racket:

Production: $17.20

Selling (5% of selling price): $2.15

Deluxe

Selling Price per Racket: $62.00

Variable Expenses Per Racket:

Production: $21.70

Selling (5% of selling price): $3.10

Pro

Selling Price per Racket: $87.00

Variable Expenses per Racket:

Production: $26.10

Selling (5% of selling price): $4.35

All sales are made through the company's own retail outlets. The Racket Division has the following fixed costs:

Per Month

Fixed Production Costs: $107,000

Advertising Expense: $108,000

Administrative Salaries: $52,000

Total: $267,000

Sales, in units, over the past two months have been as follows:

Standard (April): 4,000

Deluxe (April): 3,000

Pro (April): 7,000

Total (April): 14,000

Standard (May): 11,000

Deluxe (May): 3,000

Pro (May): 6,000

Total (May): 20,000

a. Prepare contribution format income statements for April. (Round the "Total percent" answers to one decimal place. Input all amounts as positive values except losses which should be indicated by minus sign. Omit the "$" and "%" signs in your response).