[Clek the ican to vies the diata) Raud the copsirternnts: interinedary calculators in the nearest cant) Eegin by propering Ed's Fasy Eyrwear's conventonal (absception costing) income statement for the year exted Decembor 31 . Requirements 1. Prapare beth cotiventional (absotption costing) and oontibution mergin (variable cobtrig) income statemenis for Edes Easy Eyewear foe tho year erded Doceraber 31 . 2. Whish statareent stoes the hightr operaing incorre? Wily? 3. Ed's Easy Eyevesa's mariceng vice prasizent belleves a new sales pronolon that coess 4 tuposo vosld incresse sales to 235,000 gopgles. Ehould the compary go ahead weh the promotion? Gwe your pnasoning