Donovan Inc calculates income under absorption costing. The company provides bonuses to managers based on the operating income of the division. In 2021, the Deck division has the following financial results Sales (100,000 units) Cost of Goods Sold Opening Inventory Cost of Goods Manufactured (125,000 units) Variable Costs $ 8,000,000 Fixed Costs 4,500,000 3.000.000 7,500,000 Ending Inventory 1.500.000 COGS 6,000,000 Gross Margin S 2,000,000 Selling and Admin Expenses Variable Fixed $ 650,000 1.000.000 1,650,000 Operating Income 350,000 The old manager for the Deck division left in early 2021. A new manager was hired in 2022. The new manager produced 90,000 units and sold 98,000 units in 2022 REQUIRED A) Calculate the operating income for 2022 using absorption costing. Use an income statement to show your work B) Calculate the operating income for 2022 using variable costing. Do not use an income statement as part of your calculation