Homework She Cherokee Inc. 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 adsinistrative expense Begioning merchandise inventory Ending merchandise inventory Merchandise purchases Amount 12,000 515 51 $ $21.000 $16.000 $10,000 $24,000 $89,000 Required: 1. Prepare a traditional income statement 2. Prepare a contribution format income statement Complete this question by entering your ansubirs in the tabs below. Required Required 2 Prepare a traditional income statement Cherokee, Inc Traditional Income Statement Seling and administrative expenses 2.0 2 3 4. 5 6 7 8 9 Homework Cherokee Inc. is a merchandiser that provided the following information: Amount 12.000 1 15 Sumber of white rold Telling price per a Variable in one wit Viable dinitive pente per unit Total tied selling expense total fixed declive expen Beginning merchandise inventory Inding merchandise LEORY Merchandise purchase 2 $21,000 16,000 110.000 $20,000 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 Prepare a contribution format income statement. Cherokeine Contribution Forms Incoment Vente en Flegos 80 Dil 2 3 4 5 6 7 8