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Surfer Bird, Inc., purchases dune buggies from a well-known manufacturer and sells them at the retail level The buggies sell, on the average, for $3,100 each. The average cost of an buggy from the manufacturer is $1,491. The costs that the company incurs in a typical month are presented below: Costs Selling Cost Formula Advertising Delivery of buggies Sales salaries and commissions Utilities Depreciation of sales facilities $949 per month $63 per buggy sold $4,797 per month, plus 4% of sales $660 per month $5,084 per month Administrative: Executive salaries Depreciation of office equipment Clerical Insurance $13,585 per month $854 per month $2,506 per month, plus $45 per bugay sold $693 per month During November, the company sold and delivered 59 buggies Required. 1. Prepare a traditional income statement for November. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.) Surfer Bird, Inc Traditional Income Statement For the Month Ended November 30 (Click to select) (Click to select) (Click to select) Selling and administrative expenses Selling expenses (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) Total selling expenses Administrative expenses: (Click to select) (Click to select) (Click to select) (Click to select) Total administrative expenses Total selling and administrative expenses (Click to select)

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