Amount Number of units sold 13, 008 Selling price per unit $ 15 Variable selling expense per unit $ 1 Variable administrative expense per unit $ 2 Total fixed selling expense $ 21,000 Total fixed administrative expense $ 14, 800 Beginning merchandise inventory $ 9,000 Ending merchandise inventory $ 25,080 Merchandise purchases $ 88,000 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, Incorporated Traditional Income Statement Selling and administrative expenses: Prev 1 of 4 F2 20 F3 828 FS @ # 2 3 4 5 6 W