The Alpine House, Inc., is a large retailer of snow skls. The company assembled the information shown below for the quarter ended March 31 Sales Selling price per pair of skis Variable selling expense per pair of skis Variable administrative expense per pair of skis Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases Amount $ 1,025,000 410 $ 46 s 18 $ 140,000 3 120,000 $ 75,000 5 115,000 5 320,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31, 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Prepare a traditional income statement for the quarter ended March 31, The Alpine House, Inc. Traditional Income Statement Sales Cost of goods sold Gross margin Selling and administrative expenses Selling expenses S989.000 285,000 704,000 Net operating income 299.500 Prepare a contribution format income statement for the quarter ended March 31. The Alpine House, Inc. Contribution Format Income Statement Sales S 989,000 Variable expenses Cost of goods sold S 285.000 Selling expenses 108, 100 Administrative expenses 41.400 434 500 Fixed expenses Selling expenses Administrative expenses 130.000 125.000 Net operating income 265.000 S 209,500 What was the contribution margin per unit? (Round your final answer te Contribution margin per unit S 241 Require