4 Cherokee Inc. is a merchandiser that provided the following Information: Amount 20 points Number of units sold 13,000 Selling price per unit Variable selling expense per unit Total fixed selling expense $ 17 $ 2 Variable administrative expense per unit $ 3 $ 19,000 Total fixed administrative expense $ 14,000 eBook Beginning merchandise inventory $ 10,000 Ending merchandise inventory Merchandise purchases $ 25,000 $ 88,000 Hint References Required: 1. Prepare a traditional Income statement. 2. Prepare a contribution format Income statement. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a traditional income statement. Cherokee, Inc. Traditional Income Statement Selling and administrative expenses: < Required 1 Required 2 >