Problem 1-25 (Algo) Traditional and Contribution Format Income Statements [LO1.6] Milden Company is a merchandiser that plans to sell 39,000 units during the next quarter at a selling price of $65 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. \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{ Milden Company } \\ \hline Traditional Format Income Statement \\ \hline For the Next Quarter \\ \hline \end{tabular} Required: 1. Prepare a contribution format income statement for the next quarter. 2. Prepare a traditional format income statement for the next quarter. Complete this question by entering your answers in the tabs below. Prepare a contribution format income statement for the next quarter. Ropturet Required 2