32 Degrees,Inc APrepare 32 Degree's December 31 Income Statement for the Current

32 Degrees,Inc.,a manufacturer of frozen food,began operations on July 1 of the current year.During this time,the company produced 140,000 units and sold 140,000 units at a sales price of $125 per unit.Cost information for this period is shown in the following table:
$$\begin{array}{l}\text { Production costs }\\\begin{array} { l l } \text { Direct materials } & \$ 13.00 \text { per unit } \\\text { Direct labor } & \$ 6.00 \text { per unit } \\\text { Variable overhead } & \$ 2,100,000 \text { in total } \\\text { Fixed overhead } & \$ 3,220,000 \mathrm { in } \text { total } \\\text { Nonproduction costs } & \\\text { Variable selling ard administrative } & \$ 91,000 \mathrm { in } \text { total } \\\text { Fixed selling arnd administrative } & \$ 458,000 \mathrm { in } \text { total }\end{array}\end{array}$$
a.Prepare 32 Degree's December 31 income statement for the current year under absorption costing.
b.Prepare 32 Degree's December 31 income statement for the current year under variable costing.