Connor Company had the following costs for the year:

During the year, the company produced $30,000$ units and sold $25,000$ units of product at a selling price of $$19\mathrm{.}00$ per

unit. There was no beginning inventory of product at the beginning of the year. Assume that selling and admin

variable costs are a function of units sold, not produced.

Using a Contribution Approach Income Statement, prepare an income statement for the year in good form.