Milden Company is a merchandiser that plans to sell 35,000 units during the next quarter at a selling price of $55 per unit. The company also gathered the following cost estimates for the next quarter Coat coat of good old Advertising Sales como Shipping expense Ministrative salaries Insurance expense Depreciation expense CORE Tormula $26 per unit sold 13,000 per quarter 6 of sale $57.000 per quarter + $6.00 per unit mold 593, 000 per quarter $10,300 per quarter $63,000 per quarter Required: 1. Prepare a contribution format income statement for the next quarter. 2. Prepare a traditional format income statement for the next quarter. Complete this question by entering your answers in the tabs below. Required 1 Required 2 repare a contribution format income statement for the next quarter. Milden Company Contribution Format Income Statement For the Next Quarter ble expenses Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution format income statement for the next quarter. Milden Company Contribution Format Income Statement For the Next Quarter Variable expenses Total variable expenses Contribution margin Fixed expenses: Total fixed expenses . Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a traditional format Income statement for the next quarter. Milden Company Traditional Format Income Statement For the Next Quarter Selling and administrative expenses: Total selling and administrative expenses Barat