(20 pts) A company had the following data (in millions) for 2014 Beginning and ending inventory Sales Direct materials used Direct labor Indirect manufacturing costs: 3. None $1250 450 250 Variable 200 100 Fixed Variable Manufacturing cost of goods sold Manufacturing cost of goods sold Selling and Administrative expenses Vatiable Fixed 105 4D Gross profit Contribution margin Prepare an income statement using: aj the contribution approach b) the absorption approach and as you do it, fill in the blanks where applicable