factures and sells high-quality camping tents. The company began operations on January 1 and operated at 100% of capacity (180,000 units) during the first month, creating an ending inventory of 17,000 units. During February, the company produced 163,000 units during the month but sold 180,000 units at $560 per unit. The February manufacturing costs and selling and administrative expenses were as follows: Number of Unit Units Total Cost Cost Manufacturing costs in February 1 beginning inventory: Variable 17,000 $280.00 $4,760,000 Fixed 17,000 24.00 408,000 Total Manufacturing costs in February: $304.00 $5,168,000 Variable 163,000 $280.00 $45,640,000 Fixed 163,000 Total 27.70 4,515,100 $307.70 $50,155,100 Selling and administrative expenses in February: Variable 180,000 Fixed 180,000 Total 18.50 $3,330,000 4.00 720,000 22.50 $4,050,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below X Open spreadsheet a. Prepare an income statement according to the absorption costing concept for February, Enter all amounts as positive numbers