1) Stewart Company has no beginning and ending inventories, and reports the following information about its only product: Direct materials usedDirect laborVariable indirect productionFixed indirect productionVariable selling and administrative expenses Fixed selling and administrative expenses Units produced and sold Selling price per unit $29,000 $17,000 $13,000 $18,000 $22,000 $11,000 10,000 $25 A) Prepare an income statement using the contribution approach. B) Prepare an income statement using the absorption approach. B) Prepare an income statement using the absorption approach