Gregson Enterprises, in its first year of operations, reported the following information:

Selling Price per unit $100

Direct Materials per unit $5

Direct Labor per unit $1

Unit-related Overhead per unit $6

Selling Cost per unit $2

Batch-related Overhead for the year $500,000

Facility-sustaining Overhead for the year $800,000

Fixed Administrative Cost for the year $650,000

Units Produced 20,000

Units Sold 15,000

Prepare an income statement using the throughput costing method.