Aces incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 5,200 rackets and sold 4,100 . Each racket was sold at a price of $82. Fixed overhead costs are $63,440 for the year, and fixed selling and administrative costs are $64,400 for the year. The company also reports the following per unit variable costs for the year. Required: Prepare an income statement under variable costing