Dowell Company produces a single product. Its income under variable costing for its first two years of operation follow. Variable Costing Income Year 1 Year 2 Income $ 35,000 $ 530,000 Additional Information a. Sales and production data for these first two years follow. Units Year 1 Year 2 Units produced 35,500 35,500 Units sold 25,090 46,090 b. The company's $31 per unit product cost (for both years) using absorption costing consists of the following. Direct materials Direct labor Variable overhead Fixed overhead ($350, 000/35,000 units) 10 Total product cost per unit $ 31 Required: Prepare a statement to convert variable costing income to absorption costing income for both years. (Leave no cells blank - be certain to enter "0" wherever required.) Dowell Company Convert Variable Costing Income to Absorption Costing Income Year 1 Year 2 Variable costing income $ 35,000 $ 530,000 Absorption costing income