Cherokee Incorporated is a merchandiser that provided the following information Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Total fixed administrative expense Beginning merchandise Inventory Ending merchandise inventory Merchandise purchases Amount 14.000 $ 17 52 $ 2 $ 19,000 $ 14,000 $ 10,000 $ 24,000 $ 38,000 ook Required: 1. Prepare a traditional income statement 2. Prepare a contribution format income statement Print Complete this question by entering your answer swers in the tabs below. fo ces Required 1 required Prepares traditional income statement Cheroke, incorporated Traditional income Start 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 Terces Rec1 Required 2 > 2. Prepare a contribution format income statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution format income statement Cherokes, Incorporated Contribution Format Income Statement int Vantate expenses Reference Required