Consider the following variable costing income statement: Units 20,000 Sales VE Per Unit $25.00 $15.00 $10.00 Total $ 500,000 300,000 200,000 180,000 $ 20,000 CM FE Net income Which equation reflects the income statement assumptions Total cost - $10.00 (X) + $180,000 Total cost = $15.00 (X) + $180,000 O Net income = ($25.00 + $15.00)(x) + $180,000 Net income = ($25.00 - $15.00)(X) + $180,000