Denny company produces sporting equipment. In 2009, the first year of operations, Denny produced 20,000 units and sold 15,000 units. In 2010, the production and sales results were exactly reversed. In each year, selling price was $150, variable manufacturing costs were $60 per unit, variable selling expenses were $12 per unit, fixed manufacturing costs were $810,000, and fixed administrative expenses were $300,000. Instructions: Prepare an income statement for 2009 using variable costing.