Draxler manufacturing company produces and sells a single product. In its first year of operation, company produces 5,000 units. Direct materials $4 per unit, Direct labor $3 per unit, and variable manufacturing overhead $1 per unit. Variable marketing and selling expense $1 per unit sold. Fixed manufacturing overhead $10,000 and fixed marketing and selling $5,000 per year. During the year, company sold 3,000 units at selling price $10. Required: Assume the company uses absorption costing. a. Compute the unit product cost. b. Compute the net income for the year. (Show your calculations)