Best Fender, which uses a standard cost system, manufactured $20,000$ boat fenders during $2024.$ The $2024$ revenue and cost information for Best follows:

$($Click the icon to view the revenue and cost information.$)$

Assume each fender produced was sold for the standard price of $$70,$ and total selling and administrative costs were $$450,000.$ Prepare a standard cost income statement for $2024$ for

$($Use a minus sign or parentheses to enter any contra expenses. Enter all other amounts as positive numbers.$)$