Exercise 1.6 Traditional and Contribution Format Income Statements [LO1-6] Cherokee Inci is a merchandiser that provided the following information: Required: 1. Prepare a traditional income statement 2. Prepare a contibution format income statement. Complete this question by entering your answers in the tabs below. 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. Prepare a traditional income statement 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. Prepare a contribution format income statement