Diaz Company reports the following variable costing income statement for its only product. Sales total $59,000$ units, but production was $89,000$ units. Diaz had no beginning finished goods inventory.

DIAZ COMPANY

Income Statement $($Variable Costing$)$

Sales $(59,000$ units $\backslash$times $$69\mathrm{.}00$ per unit$)$ $ $4,071,000$

Variable expenses

Variable cost of goods sold $(59,000$ units $\backslash$times $$28\mathrm{.}90$ per unit$)$ $ $1,705,100$

Variable selling and administrative expenses $(59,000$ units $\backslash$times $$5\mathrm{.}90$ per unit$)348,1002,053,200$

Contribution margin $2,017,800$

Fixed expenses

Fixed overhead $436,100$

Fixed selling and administrative expense $218,050654,150$

Income $ $1,363,650$

Prepare an absorption costing income statement.