NEED HELP ASAP!

Cherokee Incorporated is a merchandiser that provided the following information:

	Amount
Number of units sold	12,000
Selling price per unit	$ 18
Variable selling expense per unit	$ 2
Variable administrative expense per unit	$ 2
Total fixed selling expense	$ 19,000
Total fixed administrative expense	$ 13,000
Beginning merchandise inventory	$ 9,000
Ending merchandise inventory	$ 23,000
Merchandise purchases	$ 87,000

Required:

1. Prepare a traditional income statement.

2. Prepare a contribution format income statement.

Required 1 Required 2 Prepare a contribution format income statement. Cherokee, Incorporated Contribution Format Income Statement Variable expenses: Fixed expenses