Income and contribution margin statement (working backwards) (LO1). Fabricare produces and sells various fabric softening products used in laundering clothes. Fabricare’s contribution margin statement...

Income and contribution margin statement (working backwards) (LO1). Fabricare produces and sells various fabric softening products used in laundering clothes. Fabricare’s contribution margin statement for the most recent month is as follows.

Fabricare began and ended the month with no inventories of any kind.

Required:

Prepare an income statement in the GAAP format for the most recent month for Fabricare.