Cherokee Incorporated is a merchandiser that provided the following information: Required: 1. Prepare a traditional income statement. 2. Prepare a contribution format income statement. Cherokee, Incorporated Traditional Income Statement \begin{tabular}{|l|l|l|} \hline & & \\ \hline Selling and administrative expenses: & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}