Grunewald Company manufacturers a professional grade vacuum cleaner and began operations in 2011. For 2011, Grunewald budgeted to produce and sell 20,000 units. The company had no price, spending, or efficiency variances, and writes off production-volume variance to cost of goods sold. Actual data for 2011 are given as follows:

Units produced 18,000

Units sold 17,500

Selling price $ 450

Variable costs:

Manufacturing cost per unit produced

Direct manufacturing labor $ 30

Direct materials $ 25

Manufacturing overhead $ 60

Marketing cost per unit sold $ 45

Fixed costs:

Manufacturing costs $ 1,200,000

Administrative costs $ 965,450

Marketing $ 1,366,400

make a 2011 income statement for Grunewald Company using absorption costing.

Note :

show the calculation in a way where the numbers come from and that way is not helping me to to understand the logic.