The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31 Amount $150,000 Total sales revenue Selling price per pair of skis 750 Variable selling expense per pair of skis 50 Variable administrative expense per pair of skis 10 20,000 Total fixed selling expense 20,000 Total fixed administrative expense 30,000 Beginning merchandise inventory 40,000 Ending merchandise inventory 100,000 Merchandise purchases Required: 1. Prepare a traditional income statement for the quarter ended March 31 The Alpine House, Inc Traditional Income Statement Selling and administrative expenses