Quince Products is a merchandiser that sells specialty fruit jams. The following information is provided by Quince Products: Amount Number of units sold 13,000 Selling price per unit 17 Variable selling expense per unit $ 1 Variable administrative expense per unit $ 2 Total fixed selling expense $ 19,000 Total fixed administrative expense $ 15,000 Beginning merchandise inventory $ 11,000 Ending merchandise inventory Merchandise purchases $ 25,000 $ 87,000 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. Quince Products Traditional Income Statement Selling and administrative expenses: 0 < Required 1 Required 2 >