Cherokee Inc. is a merchandiser that provided the following information: Amount Number of units sold. 13,000 Selling price per unit $ 16 Variable selling expense per unit $ 1 Variable administrative expense per unit S 2 Total fixed selling expense $ 22,000 Total fixed administrative expense $ 15,000 Beginning merchandise inventory $ 12,000 Ending merchandise inventory $ 25,000 $ 88,000 Merchandise purchases 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, Toc Traditional Income Statement < Prev 4 of 6 Next