Please help me finish this. And give an examples. Thanks.

e2 Ch 1 HW Cherokee Inc. is a merchandiser that provided the following information: 20,000 $ 30 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 40,000 $ 30,000 $ 24,000 S44,000 $180,000 Required: 1. Prepare a traditional income statement. Cherokee, Inc. Traditional Income Statement Sales $ 600,000 Cost of goods sold Selling and administrative expenses: Net operating income 0 $ 250000