Amber Manufacturing manufactures a single product. Cost, sales, and production information for the company and its single product is as follows: (Click the icon to view the data) Read the requirements 275,500 More Info Contribution margin Less: Fored expenses Fixed manufacturing overhead Fixed operating expenses Operating income 204,000 45,000 25,500 $ Sales price per unit $52 Variable manufacturing costs per unit manufactured (DM, DL and variable MOH) $29 Variable operating expenses per unit sold $4 Fixed manufacturing overhead (MOH) in total for the year S204.000 Faced operating expenses in total for the year $45,000 Units manufactured during the year 17,000 units Units sold during the year 14,500 units Requirement 2. Prepare an income statement for the upcoming year using absorption Amber Manufacturing Income Statement (Absorption Costing) For the Year Ended December 31 Sales revenue $ 754 000 Less: Cost of goods sold Gross profit Less Operating expenses Print Done