Data for Steve's Framing Company is presented below: Amount Number of units sold Selling price per unit 12,000 $ 16 Variable selling expense per unit $ 2 :10 Variable administrative expense per unit $ 1 Total fixed selling expense $ 21,000 Total fixed administrative expense $ 15,000 Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $ 9,000 $ 26,000 $ 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. Q Search Recurred Required 2 < Prev Required 1 Required 2 Prepare a contribution format income statement. Cherokee, Incorporated Contribution Format Income Statement Variable expenses: Fixed expenses: Prov