Cherokee Incorporated is a merchandiser that provided the following information:

$\backslash$table$[[,$Amount$],[$Number of units sold,$14,000],[$Selling price per unit,$$16$

Required $1$

Prepare a traditional income statement.

Cherokee Incorporated is a merchandiser that provided the following information:

$\backslash$table$[[,$Amount$],[$Number of units sold,$14,000],[$Selling price per unit,$$16$