Milden Company is a merchandiser that plans to sell 25,000 units during the next quarter at a selling price of $52 per unit. The company also gathered the following cost estimates for the next quarter: Cost of good sold Ndvertising expense Sales commissions Shipping expense Administrative salaries Insurance expense Depreciation expense Coat Permula $22 per unit sold $172,000 per quarter 50 of sales 554,000 per quarter - $6.00 per unit sold $82,000 per quarter 39,200 per quarter $52,000 per quarter Required: 1. Prepare a contribution format income statement for the next quarter. 2. Prepare a traditional format income statement for the next quarter Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution format income statement for the next quarter. Milden Company Contribution Format Income Statement For the Next Quarter