Baxtell Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: $ Variable costs per unit: Manufacturing: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative expense 29 22 6 7 237, 150 154,000 During the year, the company produced 26,350 units and sold 22,000 units. The selling price of the company's product is $84 per unit. b. Prepare an income statement for the year. (Do not leave any empty spaces; Input a O wherever it is requl Variable Costing Income Statement Variable expenses: Variable cost of goods sold: 0 Variable cost of goods sold 0 oo Fixed expenses: olo