During 2020, Rafael Corp. produced 52,900 units and sold 47,610 for $16 per unit. Variable manufacturing costs were $6 per unit. Annual fixed manufacturing overhead was $95,220. Variable selling and administrative costs were $2 per unit sold, and fixed selling and administrative expenses were $19,000. (a) Prepare an absorption-costing income statement. Rafael Corp. Income Statement-Absorption Costing +A $