2 Cherokee Inc. is a merchandiser that provided the following information: Amount 9 Number of units sold 12, 000 Selling price per unit 15 points Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense 19,000 Total fixed administrative expense 14,000 Beginning merchandise inventory $ 9,000 Book Ending merchandise inventory $ 22,000 Merchandise purchases $ 86,000 Hint Required: 1. Prepare a traditional income statement. 2. Prepare a contribution format income statement. Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Prepare a traditional income statement. Cherokee, Inc. Traditional Income Statement Selling and administrative expenses:2 Cherokee Inc. is a merchandiser that provided the following information: Amount 9 Number of units sold 12, 000 points Selling price per unit 15 Variable selling expense per unit Variable administrative expense per unit 2 Total fixed selling expense 19,000 Total fixed administrative expense 14,000 Beginning merchandise inventory 9,000 eBook Ending merchandise inventory $ 22,000 Merchandise purchases $ 86,000 Hint Required: 1. Prepare a traditional income statement. 2. Prepare a contribution format income statement. Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Prepare a contribution format income statement. Cherokee, Inc. Contribution Format Income Statement Variable expenses: Fixed expenses: Mc