Dowell Company produces a single product. Its income statements under absorption costing for its first two years of operation follow.

Income Statements $($Absorption Costing$)$

Sales $($ $$54$ per unit$)$

Cost of goods sold $($ $$40$ per unit$)$

Gross profit

Selling and administrative expenses

Income

$\backslash$table$[[$Year $1,$Year $2],[$$$1,512,000,$$$3,132,000$