The following contains information about April's production for Cabinera, Incorporated. \begin{tabular}{l|r|} \hline Units produced & 10,000 \\ Units sold & 9,000 \\ Sales price & $450.00 \\ Direct materials cost per unit & $104.00 \\ Direct labor cost per unit & $91.00 \\ Variable overhead cost per unit & $64.00 \\ Fixed overhead (total) & $652,000 \\ Variable selling expense per unit sold & $22.00 \\ Fixed administrative expense & $258,000 \\ \hline \end{tabular} Required: 1. Prepare a Traditional Income Statement (Absorption Costing). 2. Prepare a Contribution Format Income Statement (Variable Costing). \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Cabinera, Incorporated } \\ \hline \multicolumn{2}{|c|}{ Traditional Format Income Statement } & \\ \hline Sales & & \\ \hline r & r & \\ \hline r & r & \\ \hline & r & \\ \hline r & r & \\ \hline Cost of Goods Sold & & \\ \hline & & \\ \hline r & r & \\ \hline r & r & \\ \hline Total Period Costs & & \\ \hline Net Operating Income & & \\ \hline \multicolumn{3}{|c|}{ Cabinera, Incorporated } \\ \hline \multicolumn{3}{|c|}{ Variable Costing Income Statement } \\ \hline Sales & & T \\ \hline & r & \\ \hline r & r & \\ \hline r & r & \\ \hline r & r & \\ \hline Total Variable Cost & & T \\ \hline T & & \\ \hline r & r & \\ \hline r & r & - \\ \hline Total Fixed Costs & & \\ \hline Net Operating Income & & \\ \hline \end{tabular}