Quince Products is a merchandiser that sells specialty fruit jams. The following information is provided by Quince Products: 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 Amount 11,000 $ 17 $ 1 $ 2 $ 21,000 $ 16,000 $ 9,000 Ending merchandise inventory Merchandise purchases Required: ces 1. Prepare a traditional income statement. $ 25,000 $ 89,000 2. Prepare a contribution format income statement. Complete this question by entering your answers in the tabs below. Required 1 Required 21 Prepare a traditional income statement. Quince Products Traditional Income Statement