Exercise 19-10 (Algo) Absorption costing income statement LOP2 Hayek Bikes prepares the income statement under varlable costing for its managerial reports, and it prepares the income statement under absorption costing for external reporting. For its fitst month of operations, 350 bikes were produced and 225 were sold. Income statement information under variable costing follows. Prepare the compony's income statement under absorption costing