Milden Company is a merchandiser that plans to sell 39,000 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: Required: 1. Prepare a contribution format income statement for the next quarter. 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