Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 6,700 rackets and sold 5,600 . Each racket was sold at a price of $97. Fixed overhead costs are $91,790 for the year, and fixed selling and administrative costs are $65,900 for the year. The company also reports the following per unit variable costs for the year: Required: Prepare an income statement under absorption costing