Number of units sold 13,000 Selling price per unit $ 18 Variable selling expense per unit $ 1 Variable administrative expense per unit $ 1 Total fixed selling expense $ 9 Total fixed administrative expense $ 6 Beginning merchandise inventory $ 9,000 Ending merchandise inventory $ 5 Merchandise purchases $ 9 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 1 Required 2 Prepare a traditional income statement. Selling and administrative expenses: _ Cherokee Incorporated is a merchandiser that provided the following information: Amount Number of units sold 13.00% Selling price per unit $ 18 Variable selling expense per unit $ 1 Variable administrative expense per unit $ 1 Total fixed selling expense $ Total fixed administrative expense $ Beginning merchandise inventory $ 9,000 Ending merchandise inventory $ Merchandise purchases $ Requhed: 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 1 Required 2 Prepare a contribution format income statement. Variable expenses: Fixed expenses