numbers need to be fixed only

Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount 10,000 $ 17 $ 1 $ 1 $ 19,000 $ 16,000 $ 9,000 $ 23,000 $ 88,000 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 1 Required 2 Prepare a traditional income statement. Cherokee, Inc. Traditional Income Statement Sales S 224,000 73,000 151,000 Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses S 46,000 44,000 90,000 61,000 Net operating income S 1 Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount 10,000 $ 17 $ 1 $ $ 19,000 $ 16,000 9,000 $ 23,000 $ 88,888 $ 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 contribution format income statement. Cherokee, Inc. Contribution Format Income Statement Sales Variable expenses: Cost of goods sold Selling expenses Administrative expenses Fixed expenses: Selling expenses Administrative expenses Selling expenses 0 Net operating income