Total fixed admini trative expense Beginning merchandise inventory Ending merchandise inventory Merchandise purchases $ 1 4 , 0 0 0 $ 9 , 0

 

Total fixed admini$š$trative expense

Beginning merchandise inventory

Ending merchandise inventory

Merchandise purchases

$$14,000$

$$9,000$

$$23,000$

$$86,000$

Required:

Prepare a traditional income statement.

Prepare a contribution format income statement.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Prepare a contribution format income statement.