Diaz Company reports the following variable costing income statement for its single product. This company's sales totaled 58,000 units, but its production was 88,000 units. It had no beginning finished goods inventory for the current period. DIAZ COMPANY Income Statement (Variable Costing) Sales (58,000 units $68.00 per unit) Variable expenses Variable manufacturing expense (58,000 units $28.80 per unit) Variable selling and admin. expense (58,000 units Total variable expenses Contribution margin Fixed expenses Fixed overhead Fixed selling and administrative expense Total fixed expenses Net income $3,944,000 1,670,400 $5.80 per unit)) 336,400 2,006,800 1,937,200 422,400 211,200 633,600 $1,303,600 Convert Diaz's variable costing income statement to an absorption costing income statement. 2. Fill in the blanks: