Cool Sky reports the following costing data on i oduct for its first year produced 44,000 units and sold 36,000 units at a price of $140 per unit. During this first year, the compar 60 Manufacturing costs Direct materials per unit Direct labor per unit Variable overhead per unit Fixed overhead for the year $528,000 Selling and administrative costs Variable selling and administrative cost per unit $ 11 Fixed selling and administrative cost per year $105,000 ta ta ta ta Assume the company uses absorption costing. Prepare its income statement for the year under absorption costing. COOL SKY Absorption Costing Income Statement Net income (loss)