enter that amount as a negative number using a minus sign. 2. Prepare an inconte statement based on the vahable costing concept. Refer to the lists of Labeis and Anount Descriptions for the exact wonding of the answer choices for text entries. Be mat amount as a negative number using a minus sign During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 44,000 mini refrigerators, of which 39,000 were sold. Operating data for the month are tummarized as foliows: Required: 1. Prepare an income statement based an the absorption costing concept. 2. Prepare an incame statement based on the varlable costing concept. 3 Explain the reason for the ditlerence in the amount of income from operations reported in (1) and (2) - Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer chovees far lext entries. Ble sure fo complete the stafement heading. A colon () wil automaticaly appear il requined Enter inventory, August 3 t as a negative number using a minus sign if a net loss is incurred, enter that amount as a negative number using a minus sign